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Carbon Neutral Solutions Group

The Energy Vault Experience

The leadership team at Carbon Neutral Solutions Group LLC brings with them decades of invaluable experience and deep-rooted relationships throughout China and with IdealabX, the only venture capital fund globally with guaranteed early access on preferential terms to the deals created by Idealab Studio and Idealab NY. A significant milestone was the introduction of the Idealab-Founded U.S. company, Energy Vault, to China Tianying, a China Fortune 500 public company, through Atlas Renewable, LLC (where Carbon Neutral Solutions Group LLC President Olivier Contant is the Founding Investor and member Jonathan Cohen is an investor and the General Partner of IdealabX). The partnership resulted in the First gravity-based storage agreement between a U.S. and Chinese company to support China’s stated goals of Carbon Peak by 2030 and Carbon Neutrality by 2060, $50 million in new investment in conjunction with Energy Vault’s agreement to become a publicly-traded company, and $50 million in technology licensing as part of a multi-year License and Royalty agreement toward future multi-GWh deployments of Energy Vault’s innovative EVx platform. The first 100MWh EVx project is currently being commissioned in Rudong, Jiangsu Province, outside of Shanghai.

Dr. Olivier Contant

Founder and Partner

Jonathan Cohen

Partner

Dr. Tianyi Wang

Ext. Partner

Let’s work together!

Motivated by China’s bold targets of hitting its Carbon Peak by 2030 and being Carbon Neutral by 2060, there’s a surge in demand for innovations that can assist in meeting these objectives. We are honored to facilitate the entry of these companies into the massive Chinese market, ensuring their intellectual property rights are safeguarded. With the backing of CNSG partners established in China and the World, we remain committed to achieving our goals while maintaining the utmost international business standards.