Investor Presentaiton
Rudong China Project
Construction and Commissioning
•
•
Construction complete on the world's first commercialized
gravity energy storage system. Structure successfully
capped on October 15th, 2023
Completed the final 35kV overhead power line to the
substation
Commenced state grid connection process in September
2023
Testing and commissioning ongoing and supported by the
Energy Vault CTO and team of experts
hou
zhou
RUDONG
Nantong
南通市
GAD
•
CNTY Project Portfolio
Five additional projects confirm the strategic value of gravity
energy storage technology for China, the world's largest
storage market
To date, CNTY has announced 7 total projects in China
totaling 3.3 GWh, or $1B+ in project scope
Energy Vault to collect 5% recurring revenue royalty on all
projects
ENERGY VAULTⓇ
市
Shanghai
上海市
Gravity Momentum
© 2023 ENERGY VAULT HOLDINGS INC. ALL RIGHTS RESERVED
Enabling a Renewable World
8View entire presentation