Energy Vault

16/06/2026

The future of AI, energy infrastructure and global capital formation is being shaped by the conversations taking place at FII PRIORITY Europe 2026 in Rome.

Energy Vault Chairman and CEO, Robert Piconi, is on the ground in Rome this week at FII PRIORITY Europe 2026, alongside global investors, sovereign wealth funds, policymakers, infrastructure developers and technology leaders focused on addressing one of the defining challenges of our generation: delivering reliable, scalable and sustainable power infrastructure to support economic growth and the rapid expansion of AI.

As Energy Vault continues its transformation into a global energy infrastructure platform, the company sits at the intersection of energy storage, grid modernization, digital infrastructure and AI-powered energy demand. Engagement with the world's leading capital providers and strategic decision-makers is increasingly important as the market accelerates investment into energy security, energy storage and next-generation power infrastructure.

FII provides a unique forum to discuss the critical role that energy infrastructure will play in enabling the future of AI, data centers, electrification and industrial growth across Europe and beyond.

12/06/2026

Power is rapidly becoming the most valuable infrastructure asset in the world.

As AI adoption accelerates, data center demand expands and nations seek greater energy security, the ability to develop, finance and deliver reliable power infrastructure has become a strategic priority for governments, investors and industry alike.

That is why Energy Vault Chairman and CEO, Robert Piconi, will be attending FII PRIORITY Europe 2026 in Rome, powered by FII Institute, joining global industry leaders from finance, infrastructure, technology and government to discuss the future of energy, capital and economic growth.

Energy Vault's evolution into a next-generation energy infrastructure platform places the company at the center of these discussions as we continue to expand our Asset Vault portfolio, advance utility-scale energy storage projects and support the growing power requirements of AI and digital infrastructure.

The future of AI will be powered by energy and the future of energy will be built through infrastructure. We look forward to engaging with the global industry leaders shaping both.

05/06/2026

Today is World Environment Day.

The theme this year is "Inspired by Nature. For Climate. For Our Future." A call to rethink the systems that power our economies and accelerate the transition to reliable, clean energy.

At Energy Vault, this is not a calendar moment. It is the reason the business exists.

We build, own, and operate integrated power infrastructure that makes reliable clean energy possible, for utilities, industrial customers and the AI and data centre market. Long-duration storage. Grid stability and power that doesn't compromise between reliability and sustainability.

The transition is not a future ambition. It is happening now. And we are proud to be building the infrastructure that makes it possible.

28/05/2026

150 metres below Monte Sinni in Sardinia, where coal was extracted for almost a century, Energy Vault is working to transform a former mine into a European laboratory for the energy transition, bringing clean energy, AI infrastructure and a new chapter to a region defined by its industrial past.

Read the full story here: https://hubs.la/Q04jbCjF0

A 150 metri sotto il Monte Sinni, dove per quasi un secolo si è estratto carbone, potrebbero presto arrivare server, energia pulita e infrastrutture per l’inte…

27/05/2026

Energy Vault Closes Acquisition of 850 MW Energy Storage Portfolio from BayWa r.e. AG, Establishing Immediate Operational Platform to Capture Growth in Japan.

The transaction establishes an immediate operational presence in one of the world's most compelling energy storage markets, bringing not just a premium project pipeline, but an experienced local team with deep expertise in land rights, regulatory permitting, and utility interconnections.

The portfolio includes 350 MW of advanced-stage projects expected to reach NTP in H2 2027, with commercial operations beginning mid-2028, plus 500 MW of early-stage projects supporting long-term growth. Projects are configured with three-hour storage duration, generating higher EBITDA per MW than shorter-duration assets in other markets.

This brings Energy Vault's global owned asset portfolio to over 1 GW, contributing to $180M+ in expected annual recurring EBITDA as projects come online.

Japan's need for flexible, reliable storage is accelerating. Energy Vault is positioned to deliver at scale.

Read the full announcement: https://hubs.la/Q04j0rJl0

19/05/2026

Energy Vault has appointed Cory Magnuson as President of Asset Vault and announced the expansion of the Asset Vault financing platform to cover its AI compute infrastructure solutions, including Powered Land and Powered Shell edge modular data centres.

Cory brings more than 18 years of experience in energy infrastructure development and finance, having raised over $3 billion in project and corporate financing across the capital stack. Most recently CFO of Spearmint Energy, he has also held senior roles at BrightNight and BlackRock, with deep expertise spanning project finance, tax equity, structured infrastructure capital, and long-term asset monetisation.

In his new role, Cory will oversee all financing and capital formation across Energy Vault's growing global infrastructure portfolio, accelerating the Company's ability to scale infrastructure ownership and secure long-term project financing across both energy storage and AI infrastructure assets.

Read the full announcement: https://hubs.la/Q04h5_KK0

18/05/2026

Our CEO Robert Piconi joined CNBC Africa to discuss our agreement with Eskom to deploy energy storage systems in South Africa and across the Southern African region.

Watch the full interview:

Energy Vault Holdings has signed a deal with Eskom, to deploy energy storage systems in South Africa and across the Southern African region. CNBC Africa spoke with the CEO, of the US energy storage company, Rob Piconi.

12/05/2026

Energy Vault has entered into a strategic development agreement with Eskom Hld SOC Ltd, South Africa's state-owned electricity utility, to deploy long-duration gravity energy storage at the Hendrina Power Station in Mpumalanga.

The first system will deliver 25 MW / 100 MWh of storage, fully scalable up to 4GW. Energy Vault's EVx 2.0™ technology will use waste coal ash from the Hendrina site as the storage medium, turning a legacy coal asset into a long-duration energy storage facility - The same infrastructure that powered the old economy becomes the foundation for the new one.

For Southern Africa, where coal currently accounts for over 80% of South Africa's electricity supply, long-duration storage is not a future consideration. It is the mechanism that makes the transition possible, keeping the grid reliable as renewables scale.

Read the full press release here: https://hubs.la/Q04gcQHF0

05/05/2026

Today we reported our Q1 2026 financial results. Some of our key results include significant progress in our MWs under management moving from 440MW to 1.1 GW (up 500% YoY), a backlog of $1.35 billion, up 108% year-over-year, and Q1 revenue growing 156% YoY. We've also completed the acquisition of the McMurtre BESS project in Texas, entered the Japanese market, and added 100MW of AI compute infrastructure projects. Lastly, Full year 2026 guidance has been reaffirmed.

We invite you to join our earnings call today at 430pm ET: https://hubs.la/Q04fxvSf0

To read the full release, please visit: https://hubs.la/Q04fxDw50

24/04/2026

Energy Vault co-founder and CEO Robert Piconi joins eRENEWABLE's The Green Insider Podcast to talk about the strategic shift that defines where Energy Vault is heading: from technology provider to owner-operator of energy storage assets.

It's a significant move, and one that puts Energy Vault directly in the path of the biggest infrastructure challenge of the next decade.

In Episode 322, Robert covers the thinking behind the transition, what it means in practice across Energy Vault's growing portfolio, and how AI is being applied not just to the grids these assets support, but to the assets themselves, battery monitoring, predictive analytics, and dispatch optimisation.

He also walks through the PG&E Calistoga project, Energy Vault's new long-term energy service agreements in Texas and Australia, and the supply chain strategy that allows Energy Vault to stay flexible, across battery providers, domestic content requirements, and an evolving regulatory landscape.

If you're thinking about where energy storage, AI infrastructure and grid reliability intersect, this is the conversation.

Listen to the full podcast here:
Apple: https://hubs.la/Q04dh9qc0
Spotify: https://hubs.la/Q04dh9s60