Important Innovations Collection: Enery Vault's Energy Storage Innovation
Innovative Technological Solution to Storing Renewable Energy 24/7 Availability of Wind and Solar Energy Swiss energy storage company Energy Vault has received a $110 million investment from SoftBank's Vision Fund to enable it to take its unique storage technology global. The biggest challenge facing the renewable energy industry is storage because of the intermittent and unpredictable nature of wind and solar power. Energy Vault says its technology enables cheap and efficient storage of wind and solar power and the capacity to deliver it 24/7. For a great news blog on this, go to Important Innovations Collection: Enery Vault's Energy Storage Innovation : SoftBank's Vision Fund Investing Big in the Swiss Startup Source: Solar Vault computer rendering Storing Solar and Wind Energy f...