government assistance

Gravitricity's energy storage system concept. While the demonstrator in Scotland is above ground, the company wants to repurpose disused mine shafts for its large-scale commercial projects. Image: Gravitricity.

European Investment Bank supports thermal, gravity energy storage projects

January 21, 2022
The EU’s European Investment Bank has pledged support for a long-duration thermal energy storage project and a gravity-based energy storage demonstration project.
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USTDA funding feasibility studies for Mozambique, Senegal battery storage projects

May 12, 2021
US Trade and Development Agency (USTDA) funding has been allocated to feasibility studies for large-scale battery storage projects co-located with wind power in Senegal, west Africa and Mozambique, in southeastern Africa.

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