Green Gravity to introduce its technology to India with TEXMiN

Wollongong-based energy storage startup Green Gravity has branched out into India, signing a Memorandum of Understanding (MoU) with TEXMiN, one of India’s four Technology Translation Research Parks.

According to a statement from the Australian company on Monday, the signing covers a collaboration exploring the potential of gravitational energy storage systems – Green Gravity’s core business – within India’s network of underground mines. TEXMiN is based at the Indian Institute of Technology (Indian School of Mines) at Dhanbad in the country’s east.

Green Gravity said its expertise will be complemented by IIT’s mining and engineering experience “to conduct comprehensive site assessments, technology validation, and design adaptations tailored to the Indian context”.

“Our demonstration activities in Australia demonstrate that this technology can transform mines into future-focused, clean energy assets. With TEXMiN – IIT(ISM), we will rigorously test and adapt these solutions for India’s unique geology, regulatory environment, and energy needs,” said Founder and CEO Mark Swinnerton.

“Green Gravity has previously announced a feasibility assessment for the commercial deployment of the technology at more than 75 mineshafts. With a current deployment pipeline of 10 Gigawatt-hours (10 GWh), Green Gravity is well positioned to deliver significant impact to the clean energy transition.” 

The news follows execution of a binding agreement announced last month with Wollongong Resources, with its Russell Vale site’s #4 mineshaft confirmed for “the world’s first deployment of the breakthrough technology.”

Green Gravity was established in 2021 and opened an R&D site, the Gravity Lab, at the Port Kembla Steelworks in 2023.

Picture: supplied

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