


Mine Shaft Energy Storage (Pty)
Electric Power Generation • Cape Town, Western Cape, South Africa • 1-10 Employees
Company overview
| Headquarters | 14 Dixton Road, Cape Town, Western Cape 7700, ZA |
| Website | |
| NAICS | 22112 |
| Founded | 2021 |
| Employees | 1-10 |
Key Contact at Mine Shaft Energy Storage (Pty)
Gerry Aab
Co-Founder
About Mine Shaft Energy Storage (Pty)
Mine Shaft Energy (Pty) Ltd. presents a groundbreaking, patented technology that breathes new life into abandoned mine shafts by repurposing them as cutting-edge energy storage systems. This innovation addresses the primary challenge of transitioning to renewable energy, the inherent intermittency of wind and solar power. We do this with a water-based system that solves the shortcomings of previously proposed gravity installations that make use of large weights or sand. Being water-based, this system can also be deployed to de-water mine shafts without the use of multi-level pumping schemes. Mine Shaft Energy is actively seeking further funding for a pilot installation. Help us convert your abandoned mine shafts from being a liability into an asset.
Mine Shaft Energy Storage (Pty) revenue & valuation
| Annual revenue | $171,110 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Electric Power Generation industry and current estimated revenues | $547,552 |
| Total funding | No funding |
Employees by Management Level
Total employees: 1-10
Seniority
Employees
Employees by Department
Mine Shaft Energy Storage (Pty) has 1 employees across 1 departments.
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Number of employees
Funding Data
Mine Shaft Energy Storage (Pty) has never raised funding before.
Mine Shaft Energy Storage (Pty) Tech Stack
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Frequently asked questions
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