Energy Vault And Skidmore, Owings & Merrill Announce Exclusive Global Gravity Energy Storage Partnership

5/30/24 8:16:15 AM ET

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Energy Vault is partnering with leading architecture and engineering firm SOM to design the future of sustainable building architectures that enable accelerated carbon paybacks for the first time

Energy Vault recently unveiled next generation of G-VAULT™ gravity energy storage solutions, including EVu™, EVc™, EVy™, and EV0™

Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, and Skidmore, Owings & Merrill (SOM), a leading architecture and engineering firm, today announced a global exclusive gravity energy storage partnership.

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Recent Analyst Ratings for
$NRGV

Date	Price Target	Rating	Analyst
4/8/2024		Buy → Sell	Chardan Capital Markets
3/13/2024	$6.00 → $5.00	Outperform	TD Cowen
1/16/2024	$4.00	Buy	ROTH MKM
3/6/2023		Buy → Neutral	Guggenheim
6/29/2022	$13.00	Buy	Chardan Capital Markets
3/22/2022	$22.00	Buy	Guggenheim
3/14/2022	$9.00	Sell	Goldman
3/9/2022	$19.00	Buy	Stifel

More analyst ratings

Energy Vault Schedules Conference Call to Discuss Third Quarter 2024 Financial Results
Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or "the Company"), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the third quarter ended September 30, 2024 on Tuesday, November 12, 2024 followed by a conference call at 4:30 PM ET. Participants may access the call at 1-877-704-4453, international callers may use 1-201-389-0920, and request to join the Energy Vault Holdings earnings call. A live webcast will also be available at https://investors.energyvault.com/events-and-presentations/events. A telephonic replay of the call will be available shortly after the conclusion of the call and until Tues
10/10/24 8:00:00 AM ET
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Energy Vault Reports Second Quarter 2024 Financial Results
Announced new 400MWh battery storage project in Australia with ACEN, hired new Head of Global Sales and entered partnership with structural engineering firm Skidmore Owings & Merrill (SOM) to integrate gravity energy storage within superstructure building design Q2 GAAP Gross margin of 27.8% driven by strong management and execution on U.S. battery projects Q2 GAAP Net Loss of $(26.2) million; Q2 Adjusted EBITDA improved $2.3 million or 12% year-over-year to $(15.8) million Q2 GAAP Operating Expenses of $28.1 million; Q2 Adjusted Operating Expenses of $16.9 million, improved 23% year-over-year Q2 results include a $1.7 million charge associated with previously announced organization
8/6/24 4:05:00 PM ET
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Energy Vault Schedules Conference Call to Discuss Second Quarter 2024 Financial Results
Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or the "Company"), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the second quarter ended June 30, 2024 on Tuesday, August 6, 2024 followed by a conference call at 4:30 PM ET. Participants may access the call at 1-844-826-3033, international callers may use 1-412-317-5185, and request to join the Energy Vault Holdings earnings call. A live webcast will also be available at https://investors.energyvault.com/events-and-presentations/events. A telephonic replay of the call will be available shortly after the conclusion of the call and until Tuesday,
7/15/24 4:05:00 PM ET
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Energy Vault EVx™ Gravity Energy Storage Technology Named a TIME Best Invention of 2024
TIME's list of 200 groundbreaking inventions highlights innovations that are changing how we live, work, play, and think about what's possible EVx gravity energy storage system technology, developed for large-scale storage projects, combines time-tested energy storage principles, modern hardware and software engineering, and cutting-edge materials science to deliver long-duration storage with no performance degradation Energy Vault Holdings Inc. (NYSE:NRGV) ("Energy Vault" or the "Company"), a leader in sustainable, grid-scale energy storage solutions, is honored to announce the selection of its EVx gravity energy storage system (GESS) technology to TIME's Best Inventions of 2024 list, in
10/30/24 9:38:00 AM ET
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Energy Vault and Enervest Announce Agreement for 1.0 GWh Energy Storage Project for the Stoney Creek Battery Energy Storage System in New South Wales, Australia
BESS $350 million + agreement to provide flexible, grid-scale energy storage, advancing renewable energy generation and enhancing the stability of the New South Wales power grid Energy Vault continues its expansion in the Australian market and executing on its global growth plans as outlined in its May 2024 Investor and Analyst Day meetings Energy Vault Holdings Inc. (NYSE:NRGV) ("Energy Vault" or the "Company"), a leader in sustainable, grid-scale energy storage solutions, announced today that it has signed an agreement with Enervest Group ("Enervest") for the deployment of a 1,000 MWh battery energy storage system (BESS) at the Stoney Creek site in New South Wales, Australia. As part of
10/21/24 8:30:00 AM ET
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Energy Vault Schedules Conference Call to Discuss Third Quarter 2024 Financial Results
Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or "the Company"), a leader in sustainable grid-scale energy storage solutions, announced today that the Company will release its earnings results for the third quarter ended September 30, 2024 on Tuesday, November 12, 2024 followed by a conference call at 4:30 PM ET. Participants may access the call at 1-877-704-4453, international callers may use 1-201-389-0920, and request to join the Energy Vault Holdings earnings call. A live webcast will also be available at https://investors.energyvault.com/events-and-presentations/events. A telephonic replay of the call will be available shortly after the conclusion of the call and until Tues
10/10/24 8:00:00 AM ET
$NRGV
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Energy Vault Announces Progress on Growth Initiatives, Diversified Storage Portfolio and Hiring of New Global Head of Sales
Energy Vault has realigned its organization to accelerate growth and market adoption of its diversified portfolio of energy storage solutions across all durations, enhancing and streamlining go-to-market strategy while rapidly expanding its regional operations in Australia Executed on a series of cost savings measures that will result in annualized savings of $6 - 8 million; The Company is reiterating its target of quarterly cash operating expenses of roughly $15 million in the second half of 2024 Bolstered growth strategy with the addition of Wes Fuller, seasoned energy storage sales executive, as Head of Global Sales Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or the "Co
7/25/24 8:00:00 AM ET
$NRGV
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Energy Vault Executes EPC and O&M Contract with ACEN Australia for 200 MW/400 MWh of Battery Energy Storage Deployments
ACEN Australia and Energy Vault to begin deployment of two battery energy storage systems (BESS), with a total capacity of 200 MW/400 MWh, at ACEN Australia's 720 MW New England Solar project The project will be built using the most advanced grid-forming inverter technology which can provide system stability services that coal, hydro and gas generators currently provide Grid-forming inverters will be integrated with Energy Vault B-Vault DC block, managed by the Vault-OS energy management system Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the execution of a contract with ACEN Australia for the p
6/3/24 8:30:00 AM ET
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Energy Vault Appoints Michael Beer as Chief Financial Officer
Seasoned financial executive to bring decades of experience in the energy, tech and transportation sectors to leading global energy storage company Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or the "Company"), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Michael Beer as Chief Financial Officer. Beer will replace Jan Kees van Gaalen, who has served in the role since November 2022 and plans to retire. The appointment is effective April 15, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240404851008/en/Energy Vault Appoints Michael Beer as Chief Financial Offic
4/4/24 8:00:00 AM ET
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Energy Vault And Skidmore, Owings & Merrill Announce Exclusive Global Gravity Energy Storage Partnership

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Recent Analyst Ratings for $NRGV

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Energy Vault downgraded by Chardan Capital Markets

TD Cowen reiterated coverage on Energy Vault with a new price target

ROTH MKM initiated coverage on Energy Vault with a new price target

$NRGV Financials

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Energy Vault Schedules Conference Call to Discuss Third Quarter 2024 Financial Results

Energy Vault Reports Second Quarter 2024 Financial Results

Energy Vault Schedules Conference Call to Discuss Second Quarter 2024 Financial Results

$NRGV Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Chief Product Officer Terruzzin Marco sold $40,544 worth of shares (44,444 units at $0.91), decreasing direct ownership by 3% to 1,482,778 units (SEC Form 4)

Chief Product Officer Terruzzin Marco sold $42,108 worth of shares (44,444 units at $0.95), decreasing direct ownership by 3% to 1,571,666 units (SEC Form 4)

Chief Executive Officer Piconi Robert bought $260,190 worth of shares (300,000 units at $0.87), increasing direct ownership by 2% to 17,476,220 units (SEC Form 4)

$NRGV SEC Filings

Energy Vault Holdings Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

SEC Form 144 filed by Energy Vault Holdings Inc.

SEC Form 144 filed by Energy Vault Holdings Inc.

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$NRGV Large Ownership Changes

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Energy Vault EVx™ Gravity Energy Storage Technology Named a TIME Best Invention of 2024

Energy Vault and Enervest Announce Agreement for 1.0 GWh Energy Storage Project for the Stoney Creek Battery Energy Storage System in New South Wales, Australia

Energy Vault Schedules Conference Call to Discuss Third Quarter 2024 Financial Results

Energy Vault Announces Progress on Growth Initiatives, Diversified Storage Portfolio and Hiring of New Global Head of Sales

Energy Vault Executes EPC and O&M Contract with ACEN Australia for 200 MW/400 MWh of Battery Energy Storage Deployments

Energy Vault Appoints Michael Beer as Chief Financial Officer

Chief Executive Officer Piconi Robert bought $260,190 worth of shares (300,000 units at $0.87), increasing direct ownership by 2% to 17,476,220 units (SEC Form 4)

SEC Form SC 13G filed by Energy Vault Holdings Inc.

SEC Form SC 13G/A filed by Energy Vault Holdings Inc. (Amendment)

SEC Form SC 13G/A filed by Energy Vault Holdings Inc. (Amendment)

$NRGV Market Insights

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Shares of companies within the broader industrial sector are trading higher amid overall market strength as investors assess this week's inflation data.

Energy Vault Executes EPC And O&M Contract With ACEN Australia For 200 MW/400 MWh Of Battery Energy Storage Deployments

Energy Vault And Skidmore, Owings & Merrill Announce Exclusive Global Gravity Energy Storage Partnership

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