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Energy Vault Expands Gravity Energy Storage in China with 1.16 GWh Project Announcement

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The Rudong EVx system. (Credit: Business Wire)

Energy Vault Holdings Inc made a significant announcement on Tuesday, revealing plans for the construction of five new energy storage systems in China, all powered by its revolutionary EVx gravity energy storage technology. These projects, collectively boasting a storage capacity of 1.16 GWh, will be executed by China Tianying Inc, or CNTY, under an existing

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