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.
Synhelion is a global pioneer in the field of sustainable solar fuels that promote decarbonization in the cement manufacturing.

Synhelion is a global pioneer in the field of sustainable solar fuels. The clean energy company evolved from the Swiss Federal Institute of Technology (ETH Zurich) in 2016 to decarbonize transportation.

Solar fuels can replace all types of fossil fuels as they are economically viable and fully compatible with existing global infrastructure.

Synhelion’s unique technology converts concentrated solar heat into the hottest existing heat processing on the market, making it possible to drive an unprecedented number of industrial processes such as fuel production and cement manufacturing with solar heat, reducing the carbon footprint up to 100%.

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