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Not quite sure how it works, unless the blocks spin turbines as they are lowered.
https://www.msn.com/en-us/money/companies/gravity-could-solve-renewable-energy-s-biggest-problem/ar-AAV1VHy?ocid=msedgntp
Either that or it is attached to a threaded screw to spin a magneto through a field.
@jon-nyc see @Jolly 's "screw 'em" thread from earlier today.
that is a cool thing. Even if this directly does not work, somebody, somewhere, will take a piece of this idea and modify it and so on