Energy Vault Holdings, Inc., based in California, recently hired Lucas Sadler as vice president of sales and business development, Asia & Pacific (APAC) to expand its footprint and better fulfill energy storage demand in the region, according to a press release.
"APAC is a key growth market for Energy Vault as our innovative energy storage technologies are in strong demand for energy and industrial applications as evidenced by our already strong and established presence in the region," Chief Product Officer Marco Terruzzin, Energy Vault, said in the release. "Lucas’ on-the-ground experience in the renewable energy and energy storage sectors in Australia further strengthens our relationships and reach in APAC, where large energy and mining companies have committed to decarbonization.”
Under his new role, Sadler, based in Melbourne, Australia, will be responsible for leading sales, business, development and demand-related tasks for Energy Vault’s APAC region.
Alongside a team of experts, the executive will help build Energy Vault’s current footprint in the region, which includes Korea Zinc and its subsidiaries Sun Metals and Ark Energy, and BHP in Australia, China Tianying/Atlas Renewable in China, and NTPC in India. The company serves as a founding member of Australian-based mining company, Electric Mine Consortium, to which Sadler will also contribute.
"Energy Vault is bringing innovative energy storage technologies and solutions to market, solving many of the limitations of other storage technologies," Sadler said in the release. "The sustainability and circular economic benefits of Energy Vault’s storage systems are truly differentiated, and I believe that its ability to deliver short and long-term duration storage with a hardware-agnostic energy management software platform will provide a competitive advantage for utilities, energy companies and mining companies in APAC, which need energy on demand and for long periods of time to fuel 24/7 operations. Energy Vault has already achieved strong traction in the region, and I look forward to further expanding deployment opportunities for the company’s gravity storage and software platform throughout APAC."
The executive brings in more than three decades of experience across the renewable energy, power generation and energy storage industries. Prior to accepting his new role at Energy Vault, he worked as a vice president of sales, Australia and New Zealand, at Fluence Energy Inc. He also previously held positions at Schneider Electric, Powerark Solar, Origin Energy, Yingli Green Energy, EnergyAustralia and Samsung. He also obtained a global executive master's degree from the Monash School of Business in Melbourne, the press release stated.
“Lucas’ unique and focused experience positions him to best understand local market trends, drive increased demand and further accelerate deployments of our short and long-duration energy storage solutions and software platform,” Terruzzin said. “We believe our platform will serve as a critical enabling technology for decarbonization and the energy transition that is taking place throughout the APAC region. We are excited to bring on board a senior leader of Lucas’ caliber to our world-class executive team."