Atlas Renewable
Atlas Renewable LLC is a US-based project and technology investment platform founded in 2022 by Shanghai-listed CNTY, bridging Chinese institutional investors with US renewable energy technology companies. It holds an exclusive Energy Vault EVx gravity energy storage license for China and extends cross-border facilitation into Saudi Arabia.
- Company typePrivate
- Founded2022
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Atlas Renewable does
Atlas Renewable LLC is a US-based project and technology investment platform established in 2022 and majority-owned by China Tianying Inc. (CNTY), a Shanghai Stock Exchange-listed Fortune 500 environmental services company (stock code: 000035). The company operates from a Houston headquarters with additional offices in Washington DC, Beijing, Shanghai, and Hai'an City, Jiangsu Province, and functions as a bridge between Chinese institutional investors, regulators, and policy frameworks on one side and US renewable energy technology companies on the other. Its core commercial asset is a $50 million multi-year exclusive License and Royalty agreement with Energy Vault (NYSE: NRGV) for the EVx gravity-based energy storage platform in China, supporting the 100 MWh Rudong demonstration project in Jiangsu Province, into which Atlas committed a separate $100 million in October 2025.
The platform's product and service surface spans three intertwined streams: (1) technology licensing and royalty facilitation for US clean-energy innovations deployed into the Chinese market; (2) cross-border project investment facilitation, including pre-qualifying renewable energy projects and structuring financing through Chinese local, provincial, and national policy mechanisms; and (3) strategic advisory and consulting services for US companies seeking Chinese market entry and vice versa. Its core technology offering — gravity-based energy storage via the licensed Energy Vault EVx platform — addresses renewable intermittency by lifting and lowering heavy blocks (manufactured from industrial and environmental waste materials) to store and discharge electricity.
The business model is enterprise field-sales driven, relying on CEO-led delegations, high-level ministerial engagement, and conference-driven pipeline development rather than conventional product distribution. Customer segments are bilateral: small and medium-sized US renewable energy and energy storage technology companies seeking Chinese capital and market access, and Chinese institutional investors and energy companies seeking US technology for China's 30-60 carbon goals. A closely affiliated Skytower Group has extended the platform's footprint into Saudi Arabia through partnerships with the Saudi Ministry of Industry and Mineral Resources, the Yanbu Royal Commission, ZGC Finance, EA Logistics, Central South University, and the China Chamber of Commerce for Petroleum Industry, positioning the combined entity as a broader China-US-Saudi industrial cooperation platform beyond pure renewables.
Atlas Renewable firmographics
Firmographics- Name
- Atlas Renewable
- Legal name
- Atlas Renewable LLC
- Website
- https://atlasrenewablellc.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Atlas Renewable LLC is a US-based project and technology investment platform founded in 2022 by Shanghai-listed CNTY, bridging Chinese institutional investors with US renewable energy technology companies. It holds an exclusive Energy Vault EVx gravity energy storage license for China and extends cross-border facilitation into Saudi Arabia.
- Ownership category
- akta.pro rank
Atlas Renewable industry classification
Industry- Product category
- Renewable Energy Investment and Advisory Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Renewable Energy Infrastructure (FSAAAKAG)
Keywords
Where Atlas Renewable is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Atlas Renewable business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Technology Licensing - Energy Vault: Atlas Renewable holds a $50 million multi-year License and Royalty agreement with Energy Vault, with technology licensing revenue recognized in 2022 toward future multi-GWh deployments of Energy Vault's EVx platform.
- Project Investment Facilitation: Atlas Renewable acts as a bridge between US technology companies and Chinese investors, facilitating capital investment into demonstration projects. Revenue is generated through structuring investments, identifying projects, pre-qualifying opportunities, and overseeing financing through mechanisms supported by Chinese policy frameworks.
- Strategic Advisory and Consulting: Atlas Renewable provides strategic advisory services to US companies seeking to enter the Chinese market and vice versa, helping with cross-cultural understanding, policy interpretation, and relationship building between Chinese institutions and US technology companies.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Atlas Renewable product offering
Product offeringCore offering
Atlas Renewable is a US Project and Technology Investment Platform that bridges Chinese institutional investors and regulators with US renewable energy technology companies. It facilitates cross-border capital deployment, licenses grid-scale energy storage technology (Energy Vault's EVx gravity-based platform) for the China market, and structures demonstration projects to prove technology viability before large-scale deployment. The company also provides strategic advisory services for cross-cultural market entry, policy interpretation, and partnership development between the US and China.
Product overview
Atlas Renewable operates as a project and technology investment platform (not a traditional product company), focused on facilitating cross-border renewable energy investments between the United States and China. The core offering centers on Energy Vault's EVx gravity-based energy storage technology, which Atlas invested in and licensed for deployment in China. The platform provides investment facilitation, technology licensing, and strategic advisory services for renewable energy demonstration projects, with emphasis on grid-scale energy storage solutions to address renewable intermittency challenges.
Differentiator
Problem solved
Functional benefit
Products and services
- Project and Technology Investment Platform Investment platform facilitating US-China cross-border renewable energy technology investments, connecting American technology companies with Chinese capital markets and deployment opportunities, and structuring project finance through Chinese policy mechanisms.
- EVx Gravity Energy Storage Technology Licensing Multi-year licensing arrangement for Energy Vault's EVx gravity-based energy storage technology for deployment in the China market, enabling Atlas Renewable to sub-license to Chinese partners including CNTY and SkyTower Energy.
- 100 MWh Gravity Energy Storage Demonstration Project First-of-its-kind 100 MWh gravity-based energy storage demonstration project constructed in Rudong City, Jiangsu Province, China, using heavy blocks made from industrial and environmental waste materials to store and release electricity.
- Strategic Advisory and Consulting Services Advisory services for US and Chinese companies seeking cross-border market entry, including cross-cultural business navigation, policy interpretation, partnership brokering, and relationship building with Chinese institutions, investors, and regulatory authorities.
Quantifiable outcome
- First 100 MWh EVx gravity energy storage project deployed in Rudong, Jiangsu Province, China in 2022
- +2 more outcomes
Companies that use Atlas Renewable
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Atlas Renewable technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Atlas Renewable partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered key and core.
- China Chamber of Commerce for Petroleum Industry (CCCPI)keySkytower Group, CCCPI, and Great United Petroleum Co., Ltd. signed a Strategic Cooperation Agreement launching a new platform to support international expansion of Chinese petroleum, energy, and advanced manufacturing enterprises in Saudi Arabia and the United States. The partnership covers oil & gas equipment manufacturing localization, new energy collaboration, digital oilfields, and integrated investment and financing mechanisms.
- ZGC Finance (Beijing Zhongguancun Technology Entrepreneurship Financial Services Group)keyZGC Finance and Skytower Group signed a strategic partnership to build a full-chain collaborative ecosystem integrating technology finance, international industrial investment, talent development, and industrial park development. The partnership supports Chinese technology enterprises in expanding into Saudi Arabia and the United States, with plans for a Pre-Departure Training Center in Beijing and a China-Saudi Innovation Industrial Park.
- Changsha New Energy Innovation Institute (NEII)keySkytower and Changsha New Energy Innovation Research Institute signed a strategic cooperation agreement to conduct in-depth cooperation in key industries including mineral resources, new energy and advanced materials, intelligent manufacturing, biomedicine, and resources and environmental management. The goal is to establish an integrated industry-academia-research collaborative innovation system.
- Saudi Ministry of Industry and Mineral ResourceskeySkytower Group has maintained a robust and close strategic partnership with the Saudi Ministry of Industry and Mineral Resources. CEO Eric Fang met with H.E. Bandar AlKhorayef, Saudi Minister of Industry and Mineral Resources, to advance cooperation in industrial, mineral, logistics, and related sectors. The Ministry invited Skytower to participate in the Future Minerals Forum in January 2026 in Riyadh.
- EA Logistics (Shenzhen Eternal Asia Logistics)keySkytower Group and EA Logistics signed a Strategic Cooperation Agreement to establish a new model of international logistics services covering China, the United States, and Saudi Arabia. The partnership will establish Overseas Comprehensive Service Stations and an Enterprise Going-Global Comprehensive Service Hub in Shenzhen, providing one-stop services for export planning, market access, brand registration, and overseas market entry.
- Central South University (CSU) Alumni Enterprise Industry-University-Research Development CenterkeySkytower and CSU Alumni IURC signed a Strategic Cooperation Agreement to promote cooperation in mining, new energy, advanced materials, intelligent manufacturing, biomedicine, and other sectors. Both parties plan to jointly establish Innovation Centers and Technology Incubation Platforms in the US and Saudi Arabia.
- Energy VaultcoreAtlas Renewable signed a $50 million multi-year License and Royalty agreement with Energy Vault for the deployment of its EVx gravity energy storage platform in China. Energy Vault (NYSE: NRGV) develops sustainable, grid-scale energy storage solutions using gravity-based technology. Atlas Renewable's majority investor CNTY also partnered with Energy Vault and SkyTower Energy to construct the first 100 MWh storage facility in Rudong, Jiangsu Province.
- Sky Tower Energy (天空塔（北京）储能科技有限公司）coreSky Tower Energy is a platform company dedicated to the coordinated development of energy policy, industry, technology, and capital, integrating the development, construction, and operation of wind-solar hydrogen storage projects in China. It is EIPC's most important strategic partner and is a key member of the Energy Investment Professional Committee.
- Sinoaccess Group (环球网通集团)coreFounded in the late 1980s, Sinoaccess Group provides strategic advisory work in venture structuring, investment, business development, and market access for major US and China companies. It has served companies including AT&T, GE Capital, Tektronix, and others across clean energy, environmental management, healthcare, biotech, water resources, and communications sectors.
- Neil Bush Global Advisers LLC (NBGA)coreNBGA is an international business development enterprise focused on cross-border activities between Asia and the United States, with interests in energy, health, technology, and real estate. It has successfully introduced American companies into the Chinese market and helped direct hundreds of millions of dollars of Asian investment into the United States.
- Energy Investment Professional Committee (EIPC)keyEIPC is under the Investment Association of China and is China's largest investment-oriented NGO, with over 1,000 energy professional organizations and members. It evaluates, recommends, and researches energy projects and technologies. Atlas Renewable core team members serve as council members of EIPC. EIPC launched the 'Zero Carbon Initiative' and published the Zero Carbon Investing reports.
- National Center for Sustainable Development (NCSD)keyNCSD is a national 501(c)(3) nonprofit corporation established in 2001, dedicated to building sustainable prosperity within the context of low-carbon economic development. NCSD pursues its mission by aiding in the creation of demonstration projects where appropriate technologies can demonstrate new solutions in energy and environmental sectors.
- Yanbu Royal Commission (Saudi Arabia)keyYanbu Royal Commission and Skytower Investments signed an Industrial Development MOU Agreement, marking another step in Saudi Arabia industrial cooperation as noted in company announcements.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Atlas Renewable competitors and assessment
Company assessmentEmerging players
- Form Energy: Form Energy is an emerging long-duration energy storage developer using iron-air chemistry. It represents the wave of next-generation storage technologies competing for the same Chinese and global offtaker wallet that Atlas is targeting through its Energy Vault licensing arrangement.
- Antora Energy: Antora Energy is an early-stage thermal long-duration storage company targeting industrial decarbonization and grid applications. As another next-generation storage entrant, it overlaps with Atlas's gravity storage bet on displacing lithium-ion in the multi-hour duration segment.
Broad incumbents
- Macquarie Asset Management (Green Investment Group): Macquarie's Green Investment Group is a major global investor in green infrastructure including renewables, storage, and grid assets. Atlas shares the model of intermediating institutional capital into renewable infrastructure projects but operates at a smaller scale and a narrower US-China-Saudi corridor.
- Brookfield Renewable Partners: Brookfield Renewable Partners is one of the world's largest publicly listed renewable energy and storage asset managers, with a globally diversified portfolio. Atlas operates at a much smaller scale and is geographically focused on US-China-Saudi cross-border deals, but it competes for institutional capital and renewable infrastructure mandates in the same asset class.
- Blackstone Infrastructure Partners: Blackstone Infrastructure Partners manages large-scale capital dedicated to infrastructure including renewables and energy transition assets. Like Atlas, it channels institutional capital into renewable energy projects, but with a global mandate and materially larger fund sizes.
Direct peers
- Generate Capital: Generate Capital is a sustainable infrastructure investment platform that finances and builds renewable energy, storage, and clean transportation projects. Like Atlas, it operates as an investment facilitation and project structuring platform rather than a pure asset owner, but with a US-centric focus and broader technology scope.
- Energy Vault: Energy Vault (NYSE: NRGV) is the developer of the EVx gravity energy storage platform that Atlas licenses for the China market. Atlas's licensing economics are directly tied to Energy Vault's commercial deployment success, making Energy Vault both a strategic partner and the most directly comparable operating entity on the storage side of the business.
Others
- I Squared Capital: I Squared Capital is a global infrastructure investor with a renewable energy and energy transition focus. While it does not directly compete with Atlas in cross-border US-China investment facilitation, it is an adjacent infrastructure capital provider that could partner with or compete for the same institutional renewable deal flow.
Regional players
- Public Investment Fund (PIF) of Saudi Arabia: PIF is the sovereign wealth fund driving Saudi Arabia's Vision 2030 industrial and renewable energy buildout. Atlas's affiliated Skytower Group has multiple MOUs with Saudi ministries and the Yanbu Royal Commission, positioning PIF as a potential anchor counterparty and the most relevant regional comparable for Atlas's Middle East expansion strategy.
- China Tianying Inc. (CNTY): CNTY is Atlas's majority parent and a Shanghai Stock Exchange-listed waste-to-energy and environmental services company with operations primarily in China. It is directly comparable as a Chinese renewable and environmental infrastructure investor and operator, though at significantly larger scale and with a different technology mix.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Atlas Renewable social profiles
Digital presenceAtlas Renewable financial estimates
Financial estimateRevenue estimate
Valuation estimate
Atlas Renewable leadership team
Management profileNumber of profiles
Profiles3 records
Atlas Renewable funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Atlas Renewable M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Atlas Renewable
What does Atlas Renewable do?
Atlas Renewable is a US Project and Technology Investment Platform that bridges Chinese institutional investors and regulators with US renewable energy technology companies. It facilitates cross-border capital deployment, licenses grid-scale energy storage technology (Energy Vault's EVx gravity-based platform) for the China market, and structures demonstration projects to prove technology viability before large-scale deployment. The company also provides strategic advisory services for cross-cultural market entry, policy interpretation, and partnership development between the US and China.
Is Atlas Renewable a public or private company?
Atlas Renewable is a private company. It is classified as corporate owned and is currently operating.
When was Atlas Renewable founded?
Atlas Renewable was founded in 2022. It employs 11 to 50 people.
Where is Atlas Renewable based?
Atlas Renewable is headquartered in Houston, United States, in the North America region.
How does Atlas Renewable make money?
Three revenue lines are on record. Technology Licensing - Energy Vault is the primary driver. The others are project Investment Facilitation and strategic Advisory and Consulting.
Who are Atlas Renewable's main competitors?
Emerging players on record are Form Energy and Antora Energy. Broad incumbents are Macquarie Asset Management (Green Investment Group), Brookfield Renewable Partners and Blackstone Infrastructure Partners. Direct peers are Generate Capital and Energy Vault. I Squared Capital is listed as an others. Regional players are Public Investment Fund (PIF) of Saudi Arabia and China Tianying Inc. (CNTY).
Does Atlas Renewable have an API?
No public API is recorded for Atlas Renewable.
What industry is Atlas Renewable in?
Atlas Renewable's product category is Renewable Energy Investment and Advisory Services. Its primary akta.pro industry code is FSAAAKAG, Renewable Energy Infrastructure. Its NAICS code is 2211 and its SIC code is 4911.