Banks gain $3.4bn from green fees; Korea Zinc invests $50m in Swiss Energy Vault: NRG Matters

Arab News | Jan 6, 2022 at 10:23 AM
  • Further steps towards greener policies from governments and eco-friendly products from corporations continue despite the current volatility in the energy sector.
  • ·Electric services firm, Korea Zinc injects $50 million in Swiss based energy storage corporation, Energy Vault, Reuters reported.
  • This comes as Korea Zinc has acquired a wind and solar farm developer in Australia and plans to utilize Energy Vault’s resources and technology to decarbonize operations in its plant.