New battery technology could be a ‘game changer’ for regional Australian communities
The CEO of Swiss company Energy Vault says its gravity storage technology can be built anywhere you can build a 20-storey building
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The head of a Swiss energy company which has been contracted to build a solar storage battery in Victoria says its technology will be a game changer" for rural communities because it can be built anywhere - provided the locals don't mind having a structure that is as tall as a 20-storey building.
Energy Vault has pioneered a gravity energy storage system that uses surplus energy to raise 35-tonne blocks, made out of recycled materials, to the top of the tall battery structure. Energy is released by lowering those blocks.
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