Top 7 Gravity Energy Storage startups

Oct 26, 2024 | By Alexander Gillet

These startups use gravitation to store energy safely for a long time and deliver it on demand at a lower lifetime cost.
1
Country: Switzerland | Funding: $430M
Energy Vault SA offers ground-breaking energy storage technology utilizing fundamental principles of science to deliver a storage solution.
2
Country: USA | Funding: $31.3M
Quidnet Energy is developing an alternative approach to energy storage by storing water to deliver energy. This new form of sub-surface pumped hydro storage enables large-scale deployment of renewable energy and allows for predictable, dispatchable delivery of power from intermittent renewable energy resources such as solar and wind. Quidnet’s energy system is widely deployable and integrates seamlessly with existing generating facilities.
3
Country: USA
Advanced Rail Energy Storage (ARES) provides a deployable solution for grid-scale energy storage. ARES mission is to enable the electric grid to integrate unprecedented amounts of clean, environmentally responsible, renewable energy while maintaining the reliable electric service necessary to power growth and prosperity.
4
Country: Australia | Funding: A$9M
Green Gravity uses disused mines to store energy. This allows renewable energy to be used when it is needed.
5
Country: UK | Funding: £4.1M
Gravitricity is developing a novel storage technology which offers some of the best characteristics of lithium batteries and pumped storage. Its patented technology is based on a simple principle: raising and lowering a heavy weight to store energy.
6
Country: USA
Gravity Power developed a novel grid-scale energy storage system for Gravity Power Plants
7
Country: Germany
Simple, clever and durable: The technical concept of Gravity Storage uses the gravitational power of a huge mass of rock.
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com