Aug 20, 2019

Energy Vault Receives $110 Million From SoftBank For Gravity-Assisted Power Storage

Energy storage company Energy Vault announced today a $110 million dollar investment from Japan’s SoftBank Vision Fund. This investment will set the company on the path to accelerating its development of large energy storage projects with its unique gravity-assisted technology.
Step-change technology for low-cost, zero-emission hydrogen production.

HiiROC is a step-change technology for low-cost, zero-emission hydrogen production. The startup produces hydrogen through a unique plasma process, making its innovative solution the required technology to enable the move to a ‘Hydrogen Economy’.

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