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.
The US Department of Energy (DOE) has shortlisted the projects to receive US$325 million for long-duration energy storage (LDES), with technology providers including Energy Dome, Invinity, Form Energy and Redflow.
Europe-based organic flow battery company CMBlu has won its second US project, a 5MW, 10-hour duration pilot system with Arizona utility Salt River Project (SRP).