ABB – ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology

• Gravitricity has developed GraviStore, an innovative gravity energy storage system that offers some of the best characteristics of lithium-ion batteries and pumped hydro storage
• ABB will assist Gravitricity in accelerating the technology towards commercial adoption
• For ABB’s mining customers, this partnership brings new sustainability opportunities beyond shaft decommissioning

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.

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