Energy Vault Announces Commercial Availability of Transformative Utility-Scale Energy Storage Technology Yielding Unprecedented Economic Benefits to Global Energy Providers
Cemex, S.A.B. de C.V. Sponsored ADR (CX)
US:NYSE Investor Relations:
cemex.com/investors/overview
Company Research
Source: Business Wire
The Tata Power Company to deploy an initial 35 MWh Energy Vault system planned for 2019; CEMEX partnership will support rapid adoption and deployment of Energy Vault’s unique storage solution PASADENA, Calif. & LUGANO, Switzerland--(BUSINESS WIRE)-- Energy Vault, an Idealab company that creates renewable energy storage products, today announced the commercial availability of its groundbreaking solution. Based on the principles that underpin traditional gravity-based pumped hydro plants, the new technology combines conventional physics fundamentals of potential and kinetic energy with a proprietary, cloud-based software platform to operate a newly developed six-arm crane. The crane operation is fully automated and orchestrates the positioning of the massive concrete bricks that provide the basis for the efficient storage and discharge of electricity. The innovative use of low cost and environ
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- CEMEX, S.A.B. de C.V. (NYSE: CX) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $9.00 price target on the stock.MarketBeat
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- 4/25/24 - Form 6-K
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- 4/15/24 - Form 6-K
- CX's page on the SEC website