Latest news on swiss gravity energy storage project

How does gravity storage work?

When power needs to be discharged back to the grid, the blocks are lowered, harvesting the kinetic energy. Switzerland-based gravity storage system provider Energy Vault announced it will build five storage projects with a combined storage capacity of 2 GWh in China.

Is a 100mwh gravity-based energy storage system coming to China?

Image: Energy Vault. A 100MWh gravity-based energy storage system developed by Energy Vault is expected to begin construction in China in the second quarter of this year, the Swiss-American startup has claimed.

What is gravity energy storage (GESS)?

The Switzerland and California-based company announced that it is entering the first phases of commissioning for its first commercial-scale gravity energy storage system (GESS). Slated to be fully grid-interconnected in Q4 2023, the gravity tower will mark the world’s first non-pumped hydro gravity-based storage facility.

Will Energy Vault be able to deploy gravity energy storage in China?

“In February 2022, Energy Vault and Atlas Renewable signed a licensing and royalty agreement for the deployment of Energy Vault’s gravity energy storage technology in China which followed a $50 million equity investment into the company as part of the IPO earlier this year on the New York Stock Exchange (NYSE),” the company said in a statement.

Can a gravity-based storage system be built anywhere?

The firm’s only gravity-based storage system does not rely on land topography or geology and “thus can be built almost anywhere either co-located with solar or wind plants or simply connected to the grid to support dispatchability and grid stability,” according to a statement by the firm.

When will gravity tower be fully grid-interconnected?

Slated to be fully grid-interconnected in Q4 2023, the gravity tower will mark the world’s first non-pumped hydro gravity-based storage facility. The 25 MW / 100 MWh project in Jiangsu Province, China. The project is located near a wind power facility outside of Shanghai in Jiangsu Province, China.