Scottish energy storage company Gravitricity is set to enter the US market, after it partnered with Illinois-based IEA Infrastructure Construction to secure funding for renewable energy projects. This collaboration comes as the Biden administration recently allocated $450 million (£361m) for c
Gravitricity
Scottish underground energy storage firm Gravitricity has signed a collaboration agreement with Czech electricity flexibility aggregator Nano Energies to develop commercial routes to market for their gravity storage technology. Last month the Edinburgh storage pioneer unveiled plans to transform the
Energy storage firm Gravitricity has appointed Edinburgh and London-based corporate finance specialists Gneiss Energy to spearhead a £40 million funding drive – with the goal of building three demonstrator projects in the next five years. Earlier this year the Edinburgh-based energy stor
Energy storage company Gravitricity is seeking up to £40 million in funding after it signed a memorandum of understanding with construction firm VSL Systems UK to design underground hydrogen stores, known as FlexiStores, which could be used to fuel the UK's green economy. The UK could see the
Scottish energy storage specialist Gravitricity has secured £194,00 from the UK government to find a demonstration site in India suitable for its gravity energy storage technology. Gravitricity has developed an innovative energy storage system which works by raising heavy weights – total
A round-up of business news from across Scotland featuring: Bancon Homes' expansion plans for Central Belt; PPE wins for Tayside and Fife firms; Gravitricity's sign-up with Forth Ports and Sedgwick's new home at Glasgow’s Sentinel.