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…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Green Gravity says former Wollongong Resources coal mine to host world’s first demo deployment of “breakthrough technology” Green Gravity and Wollongong Resources have announced execution of a binding agreement for gravitational energy storage trials at the Russell Vale mine. The pair…
Green Gravity, a company seeking to use legacy mineshafts to store and release renewable energy, has signed an MoU with Wollongong City Council which the pair say “aims to position Wollongong and the broader Illawarra as a hub for world-leading clean energy solutions.” According to a statement from Green Gravity on Thursday, the MoU covers…
University of NSW has established what it says is the first university-based service in Australia providing technical expertise to help businesses, particularly startups, solve electrical engineering problems quickly. According to a statement from the university on Wednesday, its new Technology Translation Squad provides “critical engineering support to green tech startups” to speed up commercialisation of…
Gravitational energy storage developer Green Gravity has begun minesite concept engineering, and local community engagement in Mount Isa, Queensland for the deployment of up to 2 GWh of gravitational energy storage. Green Gravity is working with the Mount Isa City Council and copper mining company Glencore to examine the potential of utilising mineshafts at the…
Gravitational energy storage developer Green Gravity has secured $9 Million in funding with strong backing from existing and new major strategic and financial investors. The company, which is repurposing legacy mineshafts for utility scale long-duration energy storage, secured financing from investors including HMC Capital, BlueScopeX, Pacific Channel and Sumisho Coal Australia Holdings (SCAP H, a…
Energy storage technology company Green Gravity‘s gravity-operated systems could soon be operating in Europe following the execution of an agreement between the company and Complexul Energetic Valea Jiului S.A. (CEVJ). The companies have executed a Cooperation Framework Agreement to explore the application of Green Gravity’s energy storage technology in seventeen mine shafts on the four…
Gravity energy storage system developer Green Gravity the construction phase at Green Gravity’s Gravity Lab energy storage demonstration system (Pictured). Gravity Lab is a research and development facility designed to test the use of gravity to store and release energy. The facility was constructed in partnership with BlueScope Steel utilising disused mineshafts to obtain high…
Gravity energy storage system developer Green Gravity and underground mining contractor RUC have executed a Memorandum of Understanding (MoU) to collaborate on the commercialisation of gravitational energy storage systems. The MoU sets out cooperation on technical opportunities, data insights and commercial arrangements. The partnership brings together RUC’s deep capability in shaft sinking and mineshaft hoisting…
Energy storage company Green Gravity has announced the construction of the Gravity Lab, a research and development facility designed to test the use of gravity to store and release energy. The company plans a facility in partnership with BlueScope Steel utilising disused mineshafts to obtain high resolution performance data from the company’s proprietary gravitational energy…