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Energy Vault (NYSE: NRGV) will license six additional EVx gravity energy storage systems in China just months after starting the commissioning of the world''s first GESS facility near Shanghai
What is gravity energy storage system (GESS)?
The 25 MW/100 MWh EVx™ Gravity Energy Storage System (GESS) is a 4-hour duration project being built outside of Shanghai in Rudong, Jiangsu Province, China. The EVx™ is under construction directly adjacent to a wind farm and national grid.
What is Energy Vault EVX gravity-energy storage system (GESS)?
Energy Vault has connected its 25 MW/100 MWh EVx gravity-energy storage system (GESS) in China. Once provincial and state approvals are obtained to start operating, it will become the world’s first commercial, utility-scale, non-pumped hydro GESS.
Which energy storage project is under construction in China?
Another Energy Vault gravity energy storage project under construction in Zhangye City, Gansu Province, China. Image: Business Wire. Energy Vault has connected its first commercial EVx gravity-based energy storage system to the grid in China, while construction has been launched on three others, all-in-all totalling 468MWh of capacity.
Where is Energy Vault EVX GESS located?
Gravity storage system provider Energy Vault ’s first commercial EVx GESS has been connected to the grid in China. Earlier this week, the company confirmed that the 25 MW/100 MWh EVx system, located in Rudong, China's Jiangsu province, was connected in December 2023, enabling full commissioning by State Grid Corp. of China.
How will Energy Vault support China's national energy grid?
Energy Vault said that upon completion, the systems will support the balancing of China’s national energy grid through the storage and delivery of renewable energy. The Rudong and Zhangye projects have been designated as new energy storage pilot demonstration projects by China’s National Energy Administration.
How many EVX facilities will energy vault build in China?
Following on with the news of Energy Vault’s first GESS facility, the company has announced that six additional EVx facilities will be built in China. The first EVx project announced is a massive 2GWh facility in Inner Mongolia, and five more—ranging in capacity from 100 MWh to 660 MWh—in the provinces of Hebei, Shanxi, Gansu, Jilin, and Xinjiang.
