Energy Vault SA, founded in 2017 and based in Lugano, Switzerland, specializes in energy storage technology that supports renewable power generation. The company has developed a modular system that employs kinetic energy principles similar to pumped hydro storage, but instead of water, it uses custom-made cylindrical blocks crafted from low-cost materials. This innovative storage solution offers capacities ranging from 10 to 35 MWh and a power output of up to 5 MW, designed to maintain its storage capacity without degradation for over 30 years. Energy Vault's technology aims to provide reliable baseload power, making it an environmentally friendly option for energy storage and transmission.
Merge Electric Fleet Solutions specializes in fleet electrification services, assisting fleet operators in navigating the complexities of transitioning to electric vehicles. The company provides comprehensive support, including planning assistance, access to electric vehicles, charging infrastructure, telematics, and data analytics. By leveraging these services, fleet managers can achieve significant benefits such as reduced fuel and maintenance costs, lower emissions, and improved Environmental, Social, and Governance (ESG) performance. Additionally, Merge aims to enhance the overall driver experience while helping fleet owners meet their sustainability objectives and make informed decisions regarding their vehicle selection.
Energy Vault SA, founded in 2017 and based in Lugano, Switzerland, specializes in energy storage technology that supports renewable power generation. The company has developed a modular system that employs kinetic energy principles similar to pumped hydro storage, but instead of water, it uses custom-made cylindrical blocks crafted from low-cost materials. This innovative storage solution offers capacities ranging from 10 to 35 MWh and a power output of up to 5 MW, designed to maintain its storage capacity without degradation for over 30 years. Energy Vault's technology aims to provide reliable baseload power, making it an environmentally friendly option for energy storage and transmission.
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