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    Energy Vault Holdings Inc.

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    $NRGV
    Industrial Machinery/Components
    Miscellaneous

    Energy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers gravity-based storage systems, including EVx Platform, a scalable, modular product line starting from 40-megawatt hour to multi-gigawatt hours to address grid resiliency needs in shorter durations; Energy Vault Resiliency Center, a scalable, gigawatt hour scale product line designed to address grid resiliency needs to manage energy disruptive climate events; and Energy Vault solutions. Its solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and efficiently dispatch power. Energy Vault Holdings, Inc. is based in Westlake Village, California.

    IPO Year: 2021

    Exchange: NYSE

    Website: https://www.energyvault.com

    Recent Analyst Ratings for Energy Vault Holdings Inc.

    DatePrice TargetRatingAnalyst
    3/18/2025$2.50 → $2.00Buy
    TD Cowen
    4/8/2024Buy → Sell
    Chardan Capital Markets
    3/13/2024$6.00 → $5.00Outperform
    TD Cowen
    1/16/2024$4.00Buy
    ROTH MKM
    3/6/2023Buy → Neutral
    Guggenheim
    6/29/2022$13.00Buy
    Chardan Capital Markets
    3/22/2022$22.00Buy
    Guggenheim
    3/14/2022$9.00Sell
    Goldman
    3/9/2022$19.00Buy
    Stifel
    2/24/2022$18.00Outperform
    Cowen & Co.
    See more ratings

    Energy Vault Holdings Inc. Press Releases

    Fastest customizable press release news feed in the world

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    • Energy Vault Schedules Conference Call to Discuss First Quarter 2025 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 first quarter ended March 31, 2025 on Monday, May 12, 2025 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 Monday, May 2

      4/28/25 4:05:00 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08

      Energy Vault Holdings, Inc. ("Energy Vault") (NYSE:NRGV), a global energy storage company today announced that, effective on March 5, 2025, the Compensation Committee of Energy Vault's Board of Directors granted to 12 new, non-executive employees, restricted stock unit awards covering 637,600 shares of its common stock under the Energy Vault Holdings, Inc. 2022 Employment Inducement Award Plan (as amended and/or restated, the "Inducement Award Plan"). The restricted stock units were granted as inducements material to the employees entering into employment with Energy Vault in accordance with New York Stock Exchange Listing Rule 303A.08. The Inducement Award Plan is used exclusively for the

      4/25/25 5:00:00 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Holdings, Inc. Receives Notice of Continued Listing Standards From NYSE

      Energy Vault Holdings, Inc. ("Energy Vault") (NYSE:NRGV), a global energy storage company today announced that it received notice from the New York Stock Exchange (the "NYSE") on April 16, 2025, indicating that Energy Vault is not in compliance with NYSE's continued listing standards because the average closing price of Energy Vault's common stock was less than $1.00 over a consecutive 30 trading-day period. Under NYSE rules, Energy Vault has a period of six months from receipt of the notice to regain compliance with the NYSE minimum stock price listing requirement. Energy Vault plans to notify the NYSE by May 1, 2025 of its intent to cure the stock price deficiency and return to complianc

      4/17/25 5:00:00 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Appoints Leading Technology Investor Dylan Hixon to its Board of Directors

      Hixon brings extensive Board of Directors and industry experience as a longtime investor focused on transformative technologies Hixon to replace Bill Gross as an independent Director, with Gross transitioning to an advisory role focused on applications of gravity energy storage technology to high growth data center segments 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 Dylan Hixon to the Company's Board of Directors effective March 31, 2025. He replaces Energy Vault's co-founder, Bill Gross, who will resign from the Board and transition to the role of Advisor. This

      4/9/25 8:00:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Signs 10-year, 30+ GWh Licensee and Royalty Agreement with India's SPML Infra to Manufacture and Deploy the B-Vault Battery Energy Storage Technology Platform for the Indian Market

      Initial 500MWh capacity of ~$100 million to be delivered under equipment contracts by Energy Vault over the next 12 months during the local Indian manufacturing build out, and expected to ramp over the next 10 years to 30-40+ GWh SPML Infra, one of India's largest and longest running urban infrastructure developers of water treatment, solid waste management and clean energy assets, perfectly positioned to minimize import tariffs with local manufacturing capabilities and to manufacture and deploy Energy Vault's B-VAULT™ battery energy storage system (BESS) technology, along with VaultOS™ energy storage management (EMS) software Agreement will have positive revenue, gross margin and cash im

      4/2/25 8:45:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Achieves Successful Close of $28 million in Project Financing for the Calistoga Resiliency Center, the World's First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage Microgrid serving California's PG&E

      $28 million project financing, inclusive of the completed sale of the Investment Tax Credit associated with the project, returns cash back to Energy Vault's balance sheet for the first resiliency center deployed in California (Calistoga) for PG&E to reduce wildfire risk and manage Public Safety Power Shutoff (PSPS) events This strategic financing is the first of other project financings underway and demonstrates successful execution of Company's ‘Own & Operate' strategy outlined during May 2024 Investor and Analyst Day Binding commitments have also been executed for Investment Tax Credits associated with two additional projects owned by Energy Vault nearing COD in Texas which are expected

      4/1/25 8:00:00 AM ET
      $NRGV
      $PLUG
      Industrial Machinery/Components
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      Energy
    • Energy Vault Reports Fourth Quarter and Full Year 2024 Financial Results

      Contract Revenue backlog increased 90% to $660 million from prior quarter of $350 million, more than quadrupling on a year-over-year basis, reflecting strength in Australia and new US IPP and utility customers and acceleration of asset ownership with long-term offtake agreements Strong growth in Australia in executing on over 2.6 GWh of projects, including the recently announced agreement to acquire the 1.0GWh Stoney Creek BESS from Enervest in New South Wales Developed Pipeline of $2.1 billion remains robust inclusive downward adjustments for prevailing battery prices, tariffs, foreign exchange rates revenue converting into backlog Q4 2024 revenue of $33.5 million principally associated

      3/17/25 4:15:00 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Acquires 1.0 GWh Stoney Creek BESS from Enervest, Advancing Project Development under the LTESA Award from New South Wales

      The 125 MW / 1,000 MWh Stoney Creek Battery Energy Storage System (BESS) is supported by a 14 year Long Term Energy Services Agreement (LTESA) as previously announced, adding a contracted long duration energy storage asset to Energy Vault's balance sheet for predictable, long term revenue streams The Stoney Creek BESS complements Energy Vaults' growing number of energy storage projects under execution across Eastern Australia, currently executing on over 2.6 GWh of energy storage projects Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced that it has executed an agreement to acquire the 125 MW / 1,000 MWh

      3/17/25 9:15:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Updates Earnings Release Date to March 17, 2025

      Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or "the Company"), a leader in sustainable grid-scale energy storage solutions, today announced it has rescheduled its previously announced earnings conference call on March 11, 2025 to Monday, March 17, 2025 at 4:30pm ET, to coincide with the filing of its Annual Report on Form 10-K the same day. 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 conclus

      3/5/25 8:02:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Advances 'Own & Operate' Growth Strategy in Australia with Award of New South Wales Long-Term Energy Service Agreement (LTESA) for 125 MW, 1.0 GWh Stoney Creek BESS

      LTESA award secures up to 14 years of project revenue support to complement the expected project merchant revenues Previously announced 1 GWh and AUD $350 million (~USD $220 million) BESS energy storage system confirmed as 8-hour duration, making it one of the first and largest long duration BESS systems announced in New South Wales (NSW) The Stoney Creek BESS, submitted via a joint Enervest-Energy Vault Consortium bid, will provide large-scale dispatchable energy storage to balance renewable generation, enhance grid stability, and support New South Wales decarbonization targets As outlined in the May 2024 Investor and Analyst Day, the LTESA award demonstrates successful regional expansi

      3/5/25 8:00:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous

    Energy Vault Holdings Inc. SEC Filings

    See more
    • 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

      8-K - Energy Vault Holdings, Inc. (0001828536) (Filer)

      4/21/25 5:00:57 PM ET
      $NRGV
      Industrial Machinery/Components
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    • SEC Form DEFA14A filed by Energy Vault Holdings Inc.

      DEFA14A - Energy Vault Holdings, Inc. (0001828536) (Filer)

      4/10/25 4:07:31 PM ET
      $NRGV
      Industrial Machinery/Components
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    • SEC Form DEF 14A filed by Energy Vault Holdings Inc.

      DEF 14A - Energy Vault Holdings, Inc. (0001828536) (Filer)

      4/10/25 4:05:25 PM ET
      $NRGV
      Industrial Machinery/Components
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    • SEC Form 10-K filed by Energy Vault Holdings Inc.

      10-K - Energy Vault Holdings, Inc. (0001828536) (Filer)

      3/31/25 9:48:39 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Holdings Inc. filed SEC Form 8-K: Regulation FD Disclosure

      8-K - Energy Vault Holdings, Inc. (0001828536) (Filer)

      3/21/25 9:13:34 AM ET
      $NRGV
      Industrial Machinery/Components
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    • SEC Form NT 10-K filed by Energy Vault Holdings Inc.

      NT 10-K - Energy Vault Holdings, Inc. (0001828536) (Filer)

      3/18/25 4:03:46 PM ET
      $NRGV
      Industrial Machinery/Components
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    • Energy Vault Holdings Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Energy Vault Holdings, Inc. (0001828536) (Filer)

      3/17/25 4:24:07 PM ET
      $NRGV
      Industrial Machinery/Components
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    • SEC Form 144 filed by Energy Vault Holdings Inc.

      144 - Energy Vault Holdings, Inc. (0001828536) (Subject)

      12/13/24 4:29:02 PM ET
      $NRGV
      Industrial Machinery/Components
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    • Energy Vault Holdings Inc. filed SEC Form 8-K: Regulation FD Disclosure

      8-K - Energy Vault Holdings, Inc. (0001828536) (Filer)

      11/14/24 8:42:47 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form 10-Q filed by Energy Vault Holdings Inc.

      10-Q - Energy Vault Holdings, Inc. (0001828536) (Filer)

      11/12/24 5:25:32 PM ET
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      Industrial Machinery/Components
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    Energy Vault Holdings Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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

      TD Cowen reiterated coverage of Energy Vault with a rating of Buy and set a new price target of $2.00 from $2.50 previously

      3/18/25 8:07:40 AM ET
      $NRGV
      Industrial Machinery/Components
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    • Energy Vault downgraded by Chardan Capital Markets

      Chardan Capital Markets downgraded Energy Vault from Buy to Sell

      4/8/24 7:25:39 AM ET
      $NRGV
      Industrial Machinery/Components
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    • TD Cowen reiterated coverage on Energy Vault with a new price target

      TD Cowen reiterated coverage of Energy Vault with a rating of Outperform and set a new price target of $5.00 from $6.00 previously

      3/13/24 7:51:13 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • ROTH MKM initiated coverage on Energy Vault with a new price target

      ROTH MKM initiated coverage of Energy Vault with a rating of Buy and set a new price target of $4.00

      1/16/24 7:55:12 AM ET
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      Industrial Machinery/Components
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    • Energy Vault downgraded by Guggenheim

      Guggenheim downgraded Energy Vault from Buy to Neutral

      3/6/23 7:48:55 AM ET
      $NRGV
      Industrial Machinery/Components
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    • Chardan Capital Markets initiated coverage on Energy Vault with a new price target

      Chardan Capital Markets initiated coverage of Energy Vault with a rating of Buy and set a new price target of $13.00

      6/29/22 7:46:22 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Guggenheim initiated coverage on Energy Vault with a new price target

      Guggenheim initiated coverage of Energy Vault with a rating of Buy and set a new price target of $22.00

      3/22/22 7:12:25 AM ET
      $NRGV
      Industrial Machinery/Components
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    • Goldman initiated coverage on Energy Vault with a new price target

      Goldman initiated coverage of Energy Vault with a rating of Sell and set a new price target of $9.00

      3/14/22 7:20:30 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Stifel initiated coverage on Energy Vault Holdings with a new price target

      Stifel initiated coverage of Energy Vault Holdings with a rating of Buy and set a new price target of $19.00

      3/9/22 6:12:24 AM ET
      $NRGV
      Industrial Machinery/Components
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    • Cowen & Co. initiated coverage on Energy Vault Holdings with a new price target

      Cowen & Co. initiated coverage of Energy Vault Holdings with a rating of Outperform and set a new price target of $18.00

      2/24/22 7:18:41 AM ET
      $NRGV
      Industrial Machinery/Components
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    Energy Vault Holdings Inc. Insider Trading

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

    See more
    • Chief Engineering Officer Ladwa Akshay sold $40,436 worth of shares (57,033 units at $0.71), decreasing direct ownership by 3% to 2,213,618 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      5/1/25 7:27:17 PM ET
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      Industrial Machinery/Components
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    • Chief Operating Officer Wiese Christopher sold $15,460 worth of shares (21,806 units at $0.71), decreasing direct ownership by 2% to 1,172,325 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      5/1/25 7:27:07 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Chief Engineering Officer Ladwa Akshay sold $18,846 worth of shares (26,698 units at $0.71), decreasing direct ownership by 1% to 2,270,651 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      4/8/25 4:35:54 PM ET
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    • Chief Executive Officer Piconi Robert sold $11,714 worth of shares (16,594 units at $0.71), decreasing direct ownership by 0.08% to 20,094,264 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      4/8/25 4:35:31 PM ET
      $NRGV
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    • Chief Operating Officer Wiese Christopher sold $14,492 worth of shares (20,530 units at $0.71), decreasing direct ownership by 2% to 1,194,131 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      4/8/25 4:34:39 PM ET
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      Industrial Machinery/Components
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    • New insider Hixon Dylan claimed ownership of 860,065 shares (SEC Form 3)

      3 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      4/7/25 4:33:32 PM ET
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    • Chief Financial Officer Beer Michael Thomas was granted 100,000 shares, increasing direct ownership by 8% to 1,300,000 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      3/26/25 4:24:39 PM ET
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    • Chief Engineering Officer Ladwa Akshay was granted 850,000 shares, increasing direct ownership by 59% to 2,297,349 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      3/26/25 4:24:27 PM ET
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    • Chief Executive Officer Piconi Robert was granted 2,500,000 shares, increasing direct ownership by 14% to 20,110,858 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      3/26/25 4:24:13 PM ET
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      Industrial Machinery/Components
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    • Chief Operating Officer Wiese Christopher was granted 250,000 shares, increasing direct ownership by 26% to 1,214,661 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      3/26/25 4:24:04 PM ET
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    Energy Vault Holdings Inc. Insider Purchases

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

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    • Chief Executive Officer Piconi Robert bought $235,290 worth of shares (150,000 units at $1.57), increasing direct ownership by 0.86% to 17,623,361 units (SEC Form 4)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      11/25/24 4:06:56 PM ET
      $NRGV
      Industrial Machinery/Components
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    • 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)

      4 - Energy Vault Holdings, Inc. (0001828536) (Issuer)

      9/16/24 4:14:01 PM ET
      $NRGV
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    Energy Vault Holdings Inc. Financials

    Live finance-specific insights

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    • Energy Vault Schedules Conference Call to Discuss First Quarter 2025 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 first quarter ended March 31, 2025 on Monday, May 12, 2025 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 Monday, May 2

      4/28/25 4:05:00 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Signs 10-year, 30+ GWh Licensee and Royalty Agreement with India's SPML Infra to Manufacture and Deploy the B-Vault Battery Energy Storage Technology Platform for the Indian Market

      Initial 500MWh capacity of ~$100 million to be delivered under equipment contracts by Energy Vault over the next 12 months during the local Indian manufacturing build out, and expected to ramp over the next 10 years to 30-40+ GWh SPML Infra, one of India's largest and longest running urban infrastructure developers of water treatment, solid waste management and clean energy assets, perfectly positioned to minimize import tariffs with local manufacturing capabilities and to manufacture and deploy Energy Vault's B-VAULT™ battery energy storage system (BESS) technology, along with VaultOS™ energy storage management (EMS) software Agreement will have positive revenue, gross margin and cash im

      4/2/25 8:45:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Reports Fourth Quarter and Full Year 2024 Financial Results

      Contract Revenue backlog increased 90% to $660 million from prior quarter of $350 million, more than quadrupling on a year-over-year basis, reflecting strength in Australia and new US IPP and utility customers and acceleration of asset ownership with long-term offtake agreements Strong growth in Australia in executing on over 2.6 GWh of projects, including the recently announced agreement to acquire the 1.0GWh Stoney Creek BESS from Enervest in New South Wales Developed Pipeline of $2.1 billion remains robust inclusive downward adjustments for prevailing battery prices, tariffs, foreign exchange rates revenue converting into backlog Q4 2024 revenue of $33.5 million principally associated

      3/17/25 4:15:00 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Acquires 1.0 GWh Stoney Creek BESS from Enervest, Advancing Project Development under the LTESA Award from New South Wales

      The 125 MW / 1,000 MWh Stoney Creek Battery Energy Storage System (BESS) is supported by a 14 year Long Term Energy Services Agreement (LTESA) as previously announced, adding a contracted long duration energy storage asset to Energy Vault's balance sheet for predictable, long term revenue streams The Stoney Creek BESS complements Energy Vaults' growing number of energy storage projects under execution across Eastern Australia, currently executing on over 2.6 GWh of energy storage projects Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced that it has executed an agreement to acquire the 125 MW / 1,000 MWh

      3/17/25 9:15:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Updates Earnings Release Date to March 17, 2025

      Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or "the Company"), a leader in sustainable grid-scale energy storage solutions, today announced it has rescheduled its previously announced earnings conference call on March 11, 2025 to Monday, March 17, 2025 at 4:30pm ET, to coincide with the filing of its Annual Report on Form 10-K the same day. 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 conclus

      3/5/25 8:02:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Schedules Conference Call to Discuss Fourth Quarter and Full Year 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 fourth quarter and full year ended December 31, 2024 on Tuesday, March 11, 2025 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

      2/21/25 8:00:00 AM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • Energy Vault Reports Third Quarter 2024 Financial Results

      Revenue backlog grew 33% quarter-over-quarter to $350 million primarily reflecting new contracts in the U.S. with Jupiter Power and Gridmatic; Australia project awards now exceed 2.6GWh Transitional Q3 2024 revenue yielded 40%+ GAAP gross margin with higher services and software content; YTD 2024 GAAP Gross Margins are 28.3% Operating expense improved to $27.6 million in Q3 2024; Adjusted operating expense improved 13% year-over-year and 7% quarter-over-quarter to $15.2 million reflecting prior organizational realignment in Q2 2024 Commenced project financing for PG&E California long duration green hydrogen and Texas short duration storage projects, expected to bring $60-80 million of

      11/12/24 4:05:00 PM ET
      $NRGV
      Industrial Machinery/Components
      Miscellaneous
    • 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
      Industrial Machinery/Components
      Miscellaneous
    • 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
      $NRGV
      Industrial Machinery/Components
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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 Holdings Inc. Large Ownership Changes

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

      SC 13G - Energy Vault Holdings, Inc. (0001828536) (Subject)

      9/16/24 8:39:35 AM ET
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    • SEC Form SC 13G/A filed by Energy Vault Holdings Inc. (Amendment)

      SC 13G/A - Energy Vault Holdings, Inc. (0001828536) (Subject)

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

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

      SC 13D/A - Energy Vault Holdings, Inc. (0001828536) (Subject)

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

      SC 13G/A - Energy Vault Holdings, Inc. (0001828536) (Subject)

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    • SEC Form SC 13D filed by Energy Vault Holdings Inc.

      SC 13D - Energy Vault Holdings, Inc. (0001828536) (Subject)

      9/2/22 5:00:00 PM ET
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    • SEC Form SC 13D/A filed by Energy Vault Holdings Inc. (Amendment)

      SC 13D/A - Energy Vault Holdings, Inc. (0001828536) (Subject)

      8/18/22 7:00:21 AM ET
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    • SEC Form SC 13D/A filed by Energy Vault Holdings Inc. (Amendment)

      SC 13D/A - Energy Vault Holdings, Inc. (0001828536) (Subject)

      7/27/22 2:57:46 PM ET
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    • SEC Form SC 13D filed by Energy Vault Holdings Inc.

      SC 13D - Energy Vault Holdings, Inc. (0001828536) (Subject)

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

      SC 13G - Energy Vault Holdings, Inc. (0001828536) (Subject)

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    Energy Vault Holdings Inc. Leadership Updates

    Live Leadership Updates

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    • Energy Vault Appoints Leading Technology Investor Dylan Hixon to its Board of Directors

      Hixon brings extensive Board of Directors and industry experience as a longtime investor focused on transformative technologies Hixon to replace Bill Gross as an independent Director, with Gross transitioning to an advisory role focused on applications of gravity energy storage technology to high growth data center segments 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 Dylan Hixon to the Company's Board of Directors effective March 31, 2025. He replaces Energy Vault's co-founder, Bill Gross, who will resign from the Board and transition to the role of Advisor. This

      4/9/25 8:00:00 AM ET
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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
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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 Appoints Australian Energy Sector Leader Stephanie Unwin to Its Board Of Directors

      Ms. Unwin brings extensive industry experience and leadership from executive roles at leading energy and renewables companies, including Horizon Power and Zenith Energy 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 Stephanie Unwin to the Company's Board of Directors effective with Energy Vault's next quarterly Board meeting in March 2024. She replaces Zia Huque, General Partner of Prime Movers Lab LLC which led Energy Vault's Series C investment round. Mr. Huque's departure will be concurrent with Ms. Unwin's joining of the Board. This press release features multim

      12/14/23 8:30:00 AM ET
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    • Energy Vault Appoints Bernie Colson, CFA as Vice President of Investor Relations

      Colson brings over two decades of experience in the energy capital markets on both the buy and sell-side Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or the "Company"), a leader in sustainable grid-scale energy storage solutions, announced the appointment of Bernie Colson, CFA as Vice President of Investor Relations. With over two decades of experience in the energy capital markets, Mr. Colson joins Energy Vault as a seasoned energy professional to steer the company's financial communication strategy as well as maintain and expand relationships with the investor and analyst communities. Prior to joining Energy Vault, Mr. Colson held various key positions in the energy sector.

      10/25/23 8:00:00 AM ET
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    • Energy Vault Appoints Energy and Transportation Industry Executive Theresa Fariello to Its Board of Directors

      Fariello brings decades of experience and leadership in government affairs at FORTUNE 500 companies, including United Airlines and ExxonMobil 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 Theresa Fariello to the Company's Board of Directors effective February 1, 2023. She replaces Henry Elkus, Founder and CEO of Helena, a strategic partner and Series B-1 investor in Energy Vault, upon his concurrent departure from the Board. Ms. Fariello has served as Senior Vice President of Government Affairs & Global Public Policy for United Airlines (NASDAQ:UAL) since 2017. In t

      1/19/23 8:00:00 AM ET
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    • Energy Vault Appoints Jan Kees van Gaalen as Chief Financial Officer

      Jan Kees van Gaalen is a seasoned finance executive with more than 30 years of experience in the energy and mining industries Energy Vault Holdings, Inc. (NYSE:NRGV, NRGV WS))) ("Energy Vault") (the "Company"), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Jan Kees van Gaalen as Chief Financial Officer. Mr. van Gaalen will replace David Hitchcock, who has served as interim-Chief Financial Officer since April 2022. The appointment as CFO is effective November 16, 2022. Mr. Hitchcock will remain as an advisor to Energy Vault through December 31, 2022. "I am pleased to welcome Jan Kees, a highly accomplished global CFO, who has served in that

      11/8/22 8:00:00 AM ET
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    • Energy Vault Appoints E.B. Jensen as Senior Vice President, Project Execution and Delivery

      Jensen to lead global deployments of gravity and battery energy storage solutions, bringing over three decades of power industry engineering, construction, commissioning and project management experience 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 E.B. Jensen as Senior Vice President of Project Execution and Delivery. The appointment is effective immediately and Jensen will report to Robert A. Piconi, Chairman and Chief Executive Officer. In this new role, Jensen will be responsible for the project execution and delivery of gravity and battery energy storage proje

      11/1/22 8:00:00 AM ET
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    • Energy Vault to Establish a Center of Excellence for Advanced Energy Storage Technologies with the Appointment of Dr. Craig Horne as Vice President, Advanced Energy Storage Development

      Dr. Horne possesses more than 30 years of domestic and international experience managing the development and commercialization of advanced energy storage systems Dr. Horne to accelerate Energy Vault's development of complementary energy storage solutions to Energy Vault's existing technologies portfolio Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the appointment of Craig Horne, Ph.D., as Vice President, Advanced Energy Storage Development. Dr. Horne will be based in Energy Vault's U.S. headquarters in Westlake Village, Calif. This press release features multimedia. View the full release here: https

      9/13/22 8:00:00 AM ET
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