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Energy Vault raises US$100m investment for energy storage using massive cranes

August 26, 2021
Energy Vault has become the latest startup with a novel, non-lithium battery energy storage technology to attract significant investment, raising US$100 million through a Series C funding round. 
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Long-duration storage startups Malta and Energy Vault partner with Siemens Energy, Enel Green Power

July 12, 2021
Two startups seeking to disrupt the energy sector with novel long-duration energy storage technologies have formed partnerships with established industry players.
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ABB, Saft using regenerative brakes on trains add 8.75MW resource to PJM frequency regulation market

February 2, 2016

Swiss-headquartered power and automation specialist ABB has been awarded a contract by Baltimore-based utility Constellation, to manufacture seven ENVILINE energy storage systems that store train braking energy using lithium-ion batteries from battery manufacturer Saft America.

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