Status of Development
The concept of Gravity Storage was invented by Professor Eduard Heindl and has since then been continually developed by the company Heindl Energy GmbH, supported by a team of civil engineering, geology, mining and geophysics specialists.
Heindl Energy GmbH ran out of cash in 2020 and filed for insolvency. The patents and the engineering work has been sold to an interim investor, New Energy Let´s Go, who is now looking for a new strategic investor willing to continue the development with the goal of constructing a pilot project to verify the concept. Such a demonstrator will be the starting point of a stepwise market uptake and a gradual commerzialisation. Contact: email@example.com