In Rudong County of coastal Jiangsu Province, a team of Chinese engineers and their foreign counterparts are working on the country’s first commercial gravity-based energy storage project. The 100 megawatt-hour project is a joint undertaking of Swiss company Energy Vault, China Tianying, an international environmental management corporation, and Atlas Renewable, a company based in the U.S. city of Houston,Texas.
“There’s a tremendous acceleration in China in the conversion from fossil fuels to renewables, a process that we would very much like to be a part of,” CEO of Energy Vault Robert Piconi told Beijing Review...