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, a Canadian company with projects under development in North America and Australia using its advanced compressed air energy storage (A-CAES) technology, has secured CA$10 million (US$7.99 million) growth capital.
The Canadian federal government is financially supporting the development of a large-scale advanced compressed air energy storage (A-CAES) project capable of providing up to 12 hours of energy storage.
Developer NRStor and technology provider Hydrostor have completed work on a multi-megawatt, commercial, advanced compressed air energy storage (A-CAES) system in Canada.
The Australian Renewable Energy Agency (ARENA) has approved A$6 million of funding for the country’s first compressed air energy storage (CAES) project.
Compressed Air Energy Storage (CAES) company Hydrostor has introduced Hydrostor Terra — a long-duration bulk energy storage system that is expected to compete with new natural gas plants.
Compressed air energy storage plants could be rolled out across Canada from energy storage project developer NRStor and advanced adiabatic compressed air energy storage (A-CAES) firm Hydrostor.