Good News Notes: “Energy Vault, maker of the EVx gravitational energy storage tower, has secured $100 million in series C funding. The investment was led by Prime Movers Lab, with additional participation from SoftBank, Saudi Aramco, Helena, and Idealab X. The company said capital raised will support plans to ramp up deployments of the EVx platform for customers in…
Tag: Form Energy
In a potential big win for renewable energy, Form Energy gets its first grid-scale battery installation – TechCrunch
Good News Notes: “Form Energy, which is developing what it calls ultra-low-cost, long-duration energy storage for the grid, has signed a contract with the Minnesota-based Great River Energy to develop a 1 megawatt, 150-megawatt hour pilot project. The second-largest electric utility in Minnesota, Great River Energy’s installation in Cambridge, Minn. will be the first commercial…