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Green Gravity
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Developer of technology raises and lowers heavy weights in a mine shaft to capture and release the gravitational energy of the weights

Founded in 2021
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Company type Private Public ()
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Industry Group energy & power

Sector energy storage

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Australia North Wollongong NSW , Australia
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Updated by Mark Swinnerton at Green Gravity on 06/01/2023

Edited by Cleantech Group on 10/23/2024

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IPO INFORMATION

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Date Investors Type Amount
10/16/2024 BlueScopeX BlueScopeX , Pacific Channel Pacific Channel , Sumisho Coal Australia Holdings Sumisho Coal Australia Holdings , HMC Capital HMC Capital (4)
Post-money valuation of
The funding will be used to complete product development
Series A $5,998,500
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Gravitational Energy Storage System

Large-scale energy storage device using gravitational potential of masses in mineshafts

Product Development Products - Wholesale
$/kW (current)
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