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Unnamed stage $9m

Green Gravity, which is turning old mineshafts into energy storage, raises $9 million

Wollongong energy storage venture Green Gravity has secured $9 million from HMC Capital, BlueScopeX, Pacific Channel and SCAP H to advance testing of its system that repurposes disused mineshafts for gravitational energy storage.

Startup Daily 16 Oct 2024 Green Gravity BlueScope Wollongong Resources Yancoal BlueScopeX HMC Capital Pacific Channel Mark Swinnerton

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Green Gravity, which is turning old mineshafts into energy storage, raises $9 million