Toronto, Ontario-headquartered Hydrostor is proposing to deploy one of its advanced compressed air energy storage (A-CAES) facilities in Greater Napanee, Ontario.
Dublin-listed compressed air energy storage (CAES) project developer Corre Energy has hired investment bank Rothschild to explore the possibility of private investment in the firm.
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.
This edition of our news in brief from around the world focuses on novel technologies promising several hours or more of competitively-priced energy storage.
A 2.5MW / 4MWh demonstration system using novel energy storage technology based on a “carbon dioxide battery” has begun construction in Sardinia, Italy.