Toronto, Ontario-headquartered Hydrostor has received planning approval for a 200MW/1,600MWh advanced compressed air energy storage (A-CAES) project in New South Wales, Australia.
Toronto, Ontario-headquartered Hydrostor has secured a US$200 million investment for its advanced compressed air energy storage (A-CAES) projects both in Canada and globally.
IPP Cordelio Power has procured over 1GWh of battery energy storage system (BESS) equipment with US-headquartered energy storage system integrator and renewable energy services provider Fluence Energy.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) has made a conditional commitment for a loan to long-duration energy storage (LDES) developer and operator Hydrostor of up to US$1.76 billion.
The California Public Utilities Commission (CPUC) has authorised a new centralised strategy for procuring long-lead-time resources, including long-duration energy storage (LDES).