A Scottish energy storage start-up has announced it has been shortlisted to compete for a £90,000 prize at a Shell-organised competition in The Netherlands. Gravitricity, a firm based in Edinburgh’s Leith area, will compete against six other companies to lift the top prize at the New Energy Challenge. The competition is funded by Shell, among other firms. Gravitricity, which currently employs six staff, has invented energy storage technology that uses gravity to store energy in purpose-built shafts. To date the firm has received over £600,000 funding from InnovateUK.
Energy Voice 27th Sept 2019 read more »