The Virginia General Assembly has passed legislation to promote new energy storage investments by the US state’s two main utilities.

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.

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 government of New South Wales has signed a land lease agreement for a long-duration advanced compressed air energy storage (A-CAES) project.

We catch up with the president of Canada-headquartered Hydrostor, Jon Norman, about the firm’s advanced compressed air energy storage (A-CAES) tech, current projects, future plans and being a developer versus system integrator.

Advanced compressed air energy storage (A-CAES) technology firm Hydrostor has signed a binding agreement with mining firm Perilya to progress the construction of a project in New South Wales, Australia.

Hydrostor “remains fully committed” to its 4GWh advanced compressed air energy storage (A-CAES) project in California, its president told Energy-Storage.news as it considers alternative locations and delivery dates.

Utility Eneco and Corre Energy have signed an agreement for the latter to deploy a 320MW, 84-hour duration compressed air energy storage system (CAES) in Groningen, the Netherlands.

Hydrostor waits to hear if one of its proposed large-scale projects in California will get approved to supply electricity.