ABB and Gravitricity to Collaborate on Energy Storage Systems Using End-Of-Life Mine Shafts and Hoist Technology
January 8, 2024 ABB will assist Gravitricity in accelerating the technology towards commercial adoption ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former mines. Gravitricity has developed GraviStore, an innovative gravity energy…