Press Releases

Australia’s premier startup competition is marking a significant milestone – its 15th year – and it could very well be its most competitive year to date. With 229 entries across 18 industry categories, this year has seen a record-breaking level of participation.

Celebrating the hottest Australian innovators in the mining, energy, resources, oil & gas, space and defence industries.

Corporate Vision Magazine has unveiled this years’ winners of the esteemed Australian Enterprise Awards, with Green Gravity announced as winner for the energy storage category.

The Weights and Gripper systems are critical to the commercialisation of Green Gravity’s energy storage technology. This project is proudly funded by the NSW Government.

Green Gravity has commenced concept engineering study work supported by Glencore at Mount Isa Mines. The study includes assessing the potential to sustainably repurpose multiple mineshafts within the Mount Isa Copper Operations as they cease to be required for mining operations.

Green Gravity has commenced regional studies, minesite concept engineering, and local community engagement in Mount Isa for the deployment of up to 2 GWh of gravitational energy storage in North West Queensland.

Green Gravity has been named on Cleantech Group’s prestigious 2024 Cleantech 50 to Watch. Cleantech Group is the leading global authority in global cleantech innovation. This annual list highlights 50 early-stage companies from across the globe that are creating groundbreaking solutions to address some of the world’s most pressing environmental and sustainability challenges.

Green Gravity have secured AUD $9 Million in funding with strong backing from existing and new major strategic and financial investors. This is a significant milestone that demonstrates global recognition for Green Gravity’s world leading approach to repurposing legacy mineshafts for utility-scale long-duration energy storage.

Green Gravity lodged a submission with the NSW Parliament Legislative Council Standing Committee for State Development Inquiry into beneficial and productive post-mining land use.