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.

A compressed air energy storage (CAES) project in Hubei, China, has come online, with 300MW/1,500MWh of capacity.

Compressed air energy storage (CAES) firm Corre Energy has agreed an offtake and co-investment deal with utility Eneco for a project in Germany.

Construction has started on a 350MW/1.4GWh compressed air energy storage (CAES) unit in Shangdong, China.

An advanced compressed air energy storage has been selected as the preferred option for a city in rural New South Wales, Australia.

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.

The energy storage market is poised for strong growth over the next decade and opportunities are likely to emerge for alternatives to lithium-ion that offer longer durations of storage, but three key challenges remain for those technologies.