Energy Vault Holdings

Energy Vault Holdings, Inc. develops sustainable energy storage solutions that are transforming the world's approach to utility-scale energy storage for grid resiliency. The firm's proprietary energy management system software and gravity-based energy storage technology are intended to help utilities, independent power producers, and large industrial energy users to significantly reduce levelized cost of energy while maintaining power reliability. The company is headquartered in Dover, DE.

Earnings data Q1 2024

NRGV reports Q1 revenue in line, faces significant operating loss

NRGV's Q1 performance met revenue expectations and exceeded gross margin plans, but the significant operating loss is a concern. The company's focus on energy storage solutions, strategic investments, and early success with green hydrogen solutions position it well for future growth, despite ongoing financial challenges.

Energy Vault reports strong Q2 revenue, eyes long-duration project opportunities

Energy Vault's Q2 2023 performance showed strong revenue and cash position, but challenges remain with operating losses and negative adjusted EBITDA. The company reaffirmed its full year financial guidance and is actively managing procurement and construction. Opportunities lie in the development of long duration projects and collaboration with the Department of Energy.

Energy Vault reports record revenue and eyes global expansion

Energy Vault reported record revenue and highlighted milestone achievements in China, South Africa, India, and the U.S. market. The company maintains a strong cash position and is making progress with discussions and proposals, with announcements expected in the near term. Despite good revenues, margins were impacted by delayed recognition due to material deliveries and value addition processes.

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Energy Vault Holdings, Inc. engages in the provision of energy storage solutions. The company was founded in September 2020 and is headquartered in Westlake Village, CA.

Energy Vault Holdings, Inc. (NRGV) reachead $1.08 at the closing of the latest trading day, reflecting a +0.93% change compared to its last close.

Energy Vault Holdings, Inc. (NRGV) Ascends While Market Falls: Some Facts to Note

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will host its inaugural Investor & Analyst Day on Thursday, May 9, 2024 in New York. The event will begin at 9:00 AM ET, be livestreamed, and all parties interested in attending virtually can pre-register here. In-person attendance at the event to be held at the New York Stock Exch.

Energy Vault Schedules Inaugural Investor & Analyst Day for May 9, 2024; Schedules Release Date for First Quarter 2024 Financial Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced the publication of its 2023 Sustainability Report. The report demonstrates Energy Vault's commitment to providing transparency and progress on material non-financial sustainability & Environmental, Social, and Governance metrics. In its second annual Corporate Sustainability Report, Energy Vault s.

Energy Vault Issues 2023 Sustainability Report

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Michael Beer as Chief Financial Officer. Beer will replace Jan Kees van Gaalen, who has served in the role since November 2022 and plans to retire. The appointment is effective April 15, 2024. Prior to Energy Vault, Beer served as Chief Financial Officer for FreeWire Technologies, In.

Energy Vault Appoints Michael Beer as Chief Financial Officer

LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (“Energy Vault”) (NYSE: NRGV), a global energy storage company today announced that on March 27, 2024, the Compensation Committee of Energy Vault's Board of Directors granted restricted stock unit awards covering an aggregate of 162,500 shares of its common stock to 10 new, non-executive employees under the Energy Vault Holdings, Inc. 2022 Employment Inducement Award Plan (as amended and/or restated, th.

Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08

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Energy Vault Holdings, Inc. (NRGV) Q4 2023 Earnings Call Transcript

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the fourth quarter and full-year ended December 31, 2023. “The Energy Vault team successfully executed on our most important priority that we set at the beginning of 2023 –deployments of our first energy storage projects across multiple customers delivered on time, on budget and at the.

Energy Vault Reports Fourth Quarter and Full Year 2023 Financial Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today confirmed that China state grid interconnection and inverse power operation was achieved for the Rudong EVx system in December 2023 while construction has commenced on three additional grid-scale EVx™ gravity energy storage system (GESS) deployments in China. Energy Vault's partners, China Tianying (CNTY) and A.

Energy Vault Announces China State Grid Interconnection of First EVx 100 MWh Gravity Energy Storage System, Groundbreaking of Three Additional EVx Gravity Storage Systems and Other China Market Expansion Milestones

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, today announced construction start of its previously announced deployment of a utility-scale green hydrogen plus battery ultra-long duration energy storage system (BH-ESS) with 293 megawatt-hours (MWh) of dispatchable carbon-free energy. Construction of the BH-ESS, which is being developed for Pacific Gas and Electric.

Energy Vault Begins Construction of the Largest Green Hydrogen Long Duration Energy Storage System in the U.S.

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the fourth quarter and full year ended December 31, 2023 on Tuesday, March 12, 2024 followed by a conference call at 4:30 PM ET. Participants may access the call at 1-877-704-4453, international callers may use 1-201-389-0920, and request to join t.

Energy Vault Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results

WESTLAKE VILLAGE, Calif. & CAPE TOWN, South Africa--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced that it has signed a new licensing and royalty agreement in the Southern African Development Community (SADC) region. The agreement was executed in Q4 2023 with Gravity Energy Storage Solutions (Pty) Ltd (GESSOL), a consortium company focused on energy storage deployments in.

Energy Vault Expands Global Footprint for Gravity Energy Storage with 10 Year License and Royalty Agreement Covering Southern Africa

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Stephanie Unwin to the Company's Board of Directors effective with Energy Vault's next quarterly Board meeting in March 2024. She replaces Zia Huque, General Partner of Prime Movers Lab LLC which led Energy Vault's Series C investment round. Mr. Huque's departure will be concurrent w.

Energy Vault Appoints Australian Energy Sector Leader Stephanie Unwin to Its Board Of Directors

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced that it has received a comprehensive, successful due diligence evaluation, commonly referred to in the industry as a “Bankability Report”, of its UL9540 factory-certified, B-VAULT™ battery energy storage system (BESS) from DNV, a leading independent assurance and risk management provider. The report a.

Energy Vault Receives Successful Technical Due Diligence Evaluation for the Bankability of B-VAULT™ Battery Energy Storage System from Global Authority DNV

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced that Chairman and Chief Executive Officer, Robert Piconi, will participate in the SHARE Series event on Monday, December 4, 2023 at 1:00 pm ET. This event will be in a fireside chat format and directed to provide access to retail investors. Investors will have the opportunity to ask management questio.

Energy Vault Announces Participation at the Shareholder Equity Conference

Energy Vault has developed EVx, a gravity-based energy storage solution, with the first project delivered in China and 7 more projects on the way. The company also delivers hybrid energy storage projects on time and it has a full pipeline to keep it busy for a long-time. Energy Vault's revenue streams include building and operating energy storage projects, recurring software revenue, and intellectual property licenses and royalties.

Energy Vault Keeps Delivering

Energy Vault Holdings, Inc. (NYSE:NRGV ) Q3 2023 Earnings Call Transcript November 9, 2023 4:30 PM ET Company Participants Laurence Alexander - Chief Marketing Officer Robert Piconi - Chairman & Chief Executive Officer Jan Kees van Gaalen - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Christopher Ellinghaus - Siebert Williams and Shank Thomas Boyes - TD Cowen Noel Parks - Tuohy Brothers Operator Good day, and welcome to the Energy Vault Third Quarter 2023 Earnings Call. [Operator Instructions] Please note this event is being recorded.

Energy Vault Holdings, Inc. (NRGV) Q3 2023 Earnings Call Transcript

Energy Vault Holdings stock beat on both the top and bottom lines last night. The start-up battery technology company grew revenues a hundredfold year over year.

Why Energy Vault Stock Exploded 40% Higher This Morning

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the third quarter ended September 30, 2023. “The Energy Vault team executed well in delivering record revenue this past quarter across multiple customer sets in the US market while supporting strong regional demand for our gravity energy storage systems in China, India, South Africa an.

Energy Vault Reports Third Quarter 2023 Financial Results

WESTLAKE VILLAGE, Calif. & SACRAMENTO, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, along with Wellhead Electric Company, Inc. (“Wellhead”) and W Power, LLC, (“W Power”), a woman-owned business enterprise that develops and owns power generation facilities in California, today announced that the Stanton Battery Energy Storage System (SBES) is fully operational. The 68.8 MW/275.2 M.

Energy Vault, Wellhead and W Power Begin Commercial Operations of Stanton Battery Energy Storage System

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced that five new EVx™ gravity energy storage systems (GESS) will be deployed by China Tianying Inc. (CNTY) (CN: 000035) under the Company's previously announced licensing and royalty agreement with Atlas Renewable, which includes a 5% project revenue royalty associated with each project. Chairman of Chin.

Energy Vault Announces Five Additional EVx™ Gravity Energy Storage System Deployments in China

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PHILADELPHIA , Oct. 31, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault") on behalf of the company's long-term investors. Energy Vault develops and sells energy storage solutions.

ENERGY VAULT INVESTOR ALERT: Kaskela Law LLC Announces Investigation of Energy Vault Holdings, Inc. (NYSE: NRGV) and Encourages Long-Term Investors to Contact the Firm

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced the appointment of Bernie Colson, CFA as Vice President of Investor Relations. With over two decades of experience in the energy capital markets, Mr. Colson joins Energy Vault as a seasoned energy professional to steer the company's financial communication strategy as well as maintain and expand relationship.

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