Softbank Vision Fund invests $110m in Swiss energy storage start-up

Energy Vault claims its technology enables renewables to deliver baseload power for less than the cost of fossil fuels 24 hours a day

Gravity storage
Concrete giant CEMEX invests in gravity storage tech

CEMEX’s venture capital arm has invested an undisclosed sum in Energy Vault, which uses concrete block towers to store renewable power

Towering renewable storage tech reaches commercialisation

Energy Vault says its gravity-based solution can help provide rapid demand response in an affordable way