Energy Dome, an Italy-based company which has developed a novel CO2-based long-duration energy storage system, has closed an US$11 million bridge funding round.
Italian startup Energy Dome has launched the first demonstrator project of its carbon dioxide-based energy storage solution, a 4MWh system in Sardinia, Italy, while also revealing Series B plans.
A “novel and innovative” technology which uses CO2 as a medium to store energy could be made using off-the-shelf equipment and made available to the market as early as next year, the company behind it has said.
Francesco Oppici, co-founder and CCO of Carbon dioxide-based long-duration energy storage (LDES) company Energy Dome tied the commercialisation path of LDES to data centres.
US ‘multi-day’ energy storage startup Noon Energy has announced an agreement with Meta to reserve up to 1GW/100GWh of long-duration energy storage (LDES) capacity.
Long-duration energy storage (LDES) developer-operator Hydrostor has announced a strategic technology and equity agreement with energy infrastructure equipment manufacturer Baker Hughes.