This week we speak with Robert Piconi, Co-Founder and CEO of Energy Vault. Energy Vault entered into a $1.1 billion combination agreement with Novus Capital II (NYSE: NXU) in September of 2021.
Energy Vault has developed a unique energy storage technology that uses simple gravity and pulleys to hold and release stored energy from renewable sources. We discuss Energy Vault’s process for rolling out its first projects this year and how it has added financial security to the transaction despite the challenging market.
Take a listen.
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