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NZ startup EnergyBank: ‘we can help decarbonise 42 countries’

New deep tech involves lowering and raising giant concrete masses deep in the ocean.

Kiwi startup EnergyBank has raised $2.7 million in an oversubscribed seed round led by Icehouse Ventures to develop a new technology for storing energy for medium to long durations, which it claims is better than pumped hydro or lithium ion batteries.

In the quest for mass adoption of renewables

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NZ startup EnergyBank: ‘we can help decarbonise 42 countries’
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