Renewell Energy is pioneering a unique approach to energy storage by repurposing idle oil and gas wells into gravity energy storage systems. This innovative technology not only addresses the environmental issues associated with abandoned wells but also provides a cost-effective and flexible solution for energy storage. By converting these wells into gravity energy storage devices, Renewell aims to reduce greenhouse gas emissions, incentivize cleanup efforts, and create new revenue streams for well owners. The company is positioned to lead in the renewable energy sector by leveraging existing oil and gas infrastructure, making it a compelling investment opportunity.

Bakersfield, CA, USA

Renewell Energy

The first venture fund for startups that are making cities better.

Third Sphere Management Co

Third Sphere

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