An energy storage and generation device is coupled to a source of energy, preferably green energy, and an energy storage and generation elevator that is configured for allowing the raising and lowering of one or more weights disposed on the energy storage and generation elevator from a lower position to a raised position, the raised position higher than the lower position. A first energy and storage elevator movement mechanism is configured for raising and lowering the energy storage and generation elevator while a second energy and storage elevator movement mechanism is configured for causing the energy generator to generate electrical energy when the energy storage and generation elevator including one or more weights moves from the raised position to the lower position with one or more of the weights disposed on the energy storage and generation elevator.