Energy Vault, a creator of renewable energy storage products, announced new investment from Saudi Aramco Energy Ventures (SAEV), the strategic technology venturing program of Aramco. Swiss-based, global energy storage company specialising in gravity and kinetic energy based, long-duration energy storage products, Energy Vault, announced a new investment from Saudi Aramco Energy Ventures (SAEV), Aramco’s enterprise […]
SAEV to invest $500m in renewables and energy efficiency technologies to diversify its energy mix
SAEV to invest $500m in renewables and energy efficiency technologies to diversify its energy mix, says GlobalData Saudi Aramco Energy Ventures (SAEV), the corporate venture capital arm of Saudi Aramco, is planning to set up a $500m fund to promote energy efficiency and renewable energy solutions. Bhavana Sri Pullagura, Power Analyst at GlobalData, comments: “The […]
