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Gravity-based energy storage tower developer notches a customer order 7
- Thread starter cmoreride
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SuperSalad
Chemical
Every time I read "Oh, but wait." in that article, this image from Flex Seal commercials kept coming to mind.MJCronin said:
- Andrew
Guest
Beware also of tech-infused (and tech-confused) bright young STEM grads eager to bring us the app-ocalypse.
"Everyone is entitled to their own opinions, but they are not entitled to their own facts."
"Everyone is entitled to their own opinions, but they are not entitled to their own facts."
OOopppsies !!!!
ON BEHALF OF INVESTORS, Hittelman Strunk investigates Energy Vault's (NRGV) public claim to landing $520 million dollar revenue deal from DG Fuels.
May 06, 2022, -- It appears as if Energy Vault now has LEGAL challenges in addition to its speculative, expensive, carbon-debt laden, mechanical failure posing as an electricity storage solution.
A legal firm has filed a class action law suit on behalf of investors due to an alleged stock price inflation scheme. Per the announcement, Energy Vault paid a million USD to DG Fuels and in return DG Fuels agreed to buy $520 million USD worth of Energy Vault products. The lawsuit asserts that DG Fuels has no revenue and has nothing in operation at present, and that this was not disclosed to investors. This would constitute a violation of securities laws in the USA per the announcement.
SO, WHAT:
If you purchased Energy Vault stock (NRGV, NRGV-WT), you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT:
To join the prospective class action, see prior press releases about the Energy Vault Securities Fraud Investigation:
Energy Vault (NRGV) Securities Fraud Investigation
MJCronin
Sr. Process Engineer
ON BEHALF OF INVESTORS, Hittelman Strunk investigates Energy Vault's (NRGV) public claim to landing $520 million dollar revenue deal from DG Fuels.
May 06, 2022, -- It appears as if Energy Vault now has LEGAL challenges in addition to its speculative, expensive, carbon-debt laden, mechanical failure posing as an electricity storage solution.
A legal firm has filed a class action law suit on behalf of investors due to an alleged stock price inflation scheme. Per the announcement, Energy Vault paid a million USD to DG Fuels and in return DG Fuels agreed to buy $520 million USD worth of Energy Vault products. The lawsuit asserts that DG Fuels has no revenue and has nothing in operation at present, and that this was not disclosed to investors. This would constitute a violation of securities laws in the USA per the announcement.
SO, WHAT:
If you purchased Energy Vault stock (NRGV, NRGV-WT), you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT:
To join the prospective class action, see prior press releases about the Energy Vault Securities Fraud Investigation:
Energy Vault (NRGV) Securities Fraud Investigation
MJCronin
Sr. Process Engineer
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1
- #66
Guest
Summary: In less than one year this went from $0.5B investment to class action lawsuit.
Kudos to everyone here for their healthy, science-informed skepticism.
"Everyone is entitled to their own opinions, but they are not entitled to their own facts."
Kudos to everyone here for their healthy, science-informed skepticism.
"Everyone is entitled to their own opinions, but they are not entitled to their own facts."
Guest
Switzerland... has always had little or to nothing to do with CRYPTOCURRENCY BANKING TRANSPARENCY.
"Everyone is entitled to their own opinions, but they are not entitled to their own facts."
"Everyone is entitled to their own opinions, but they are not entitled to their own facts."
HEY, HEY HEY !!!!!
How about a trip down memory lane ? .... Set the Wayback Machine for 2006 !!
Does anybody remember the Plasma Torch Trash ZAPPER that was supposed to solve all of our energy problems ???
Where are all of our planet-saving, world changing infinite energy plants ? This has has been promised by MBAs since 2006 !!!
Why is Florida not being an energy leader, as they bragged about ???? .
------- WHY CAN CORRUPT MBAS CLAIM ANYTHING, ATTRACT BLOCKHEAD INVESTERS ANY FLEE WITH ALL THE MONEY ? ----------------
WHY DOES NO ONE FOLLOW UP ON THESE THINGS ?
MJCronin
Sr. Process Engineer
How about a trip down memory lane ? .... Set the Wayback Machine for 2006 !!
Does anybody remember the Plasma Torch Trash ZAPPER that was supposed to solve all of our energy problems ???
Where are all of our planet-saving, world changing infinite energy plants ? This has has been promised by MBAs since 2006 !!!
Why is Florida not being an energy leader, as they bragged about ???? .
------- WHY CAN CORRUPT MBAS CLAIM ANYTHING, ATTRACT BLOCKHEAD INVESTERS ANY FLEE WITH ALL THE MONEY ? ----------------
WHY DOES NO ONE FOLLOW UP ON THESE THINGS ?
MJCronin
Sr. Process Engineer
LittleInch
Petroleum
MJC,
That was a fascinating post - You don't see as many of those nowadays....
What happened to those plants?
Didn't realise your errrr dislike of MBAs went back 20 years...
Remember - More details = better answers
Also: If you get a response it's polite to respond to it.
That was a fascinating post - You don't see as many of those nowadays....
What happened to those plants?
Didn't realise your errrr dislike of MBAs went back 20 years...
Remember - More details = better answers
Also: If you get a response it's polite to respond to it.
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1
- #72
Guest
MJCronin said:
N. Korea is actively trying to steal cryptocurrency and have taken a reported $400B.
I guess they need it to feed their people.
"Everyone is entitled to their own opinions, but they are not entitled to their own facts."
TugboatEng
Marine/Ocean
Looks like Popular Mechanics didn't get the memo.
Some nice solid numbers in that article 250kW for 24seconds, so 150 of this things would get you 250kW for an hour.
TTFN (ta ta for now)
I can do absolutely anything. I'm an expert! faq731-376 forum1529 Entire Forum list
TTFN (ta ta for now)
I can do absolutely anything. I'm an expert! faq731-376 forum1529 Entire Forum list
I can see these all over town in people's back yards.
"Johnny!! Don't play under that, it's a peak power rate period!"
Keith Cress
kcress -
"Johnny!! Don't play under that, it's a peak power rate period!"
Keith Cress
kcress -
A new player in this field is "Gravitricity"...,
They seem to use existing mine shafts to "game" their CAPITAL costs and attractiveness
Video Here:
MJCronin
Sr. Process Engineer
They seem to use existing mine shafts to "game" their CAPITAL costs and attractiveness
Video Here:
MJCronin
Sr. Process Engineer
LittleInch
Petroleum
I don't doubt it works, but the storage capacity is just sooooo small it's difficult to see it working to any even vaguely significant effect. The video said 24 MWh of storage. That's just unbelievably small. Even if all the mine shafts were possible to use and not full of water how may exist at the depth and are actually available? 50? 100?
Remember - More details = better answers
Also: If you get a response it's polite to respond to it.
Remember - More details = better answers
Also: If you get a response it's polite to respond to it.
While Gravitricity's mine shaft approach eliminates the wind problem, they adding the winch/generator infrastructure to each shaft employed, which is large cost.
TTFN (ta ta for now)
I can do absolutely anything. I'm an expert! faq731-376 forum1529 Entire Forum list
TTFN (ta ta for now)
I can do absolutely anything. I'm an expert! faq731-376 forum1529 Entire Forum list
Guest102023
Materials
MJCronin said:
Wash your mouth out!
"If you don't have time to do the job right the first time, when are you going to find time to repair it?"
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