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Startup Energy Vault reaches deal to develop gravity storage tech in China

February 3, 2022
Source: newsbreak.com newsbreak.com
News Snapshot:
Energy Vault, one of a few startups looking to commercialize gravity-based storage tech using solid materials, has reached a deal to develop projects in China. Driving the news: The company on Tuesday announced a $50 million licensing agreement with Atlas Renewable, which is majority-owned by the Chinese company China...
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Tags: agreement | China | Chinese | energy | licensing | news | startup | storage | technology

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