Nostromo Energy is seeking an equity capital raise as part of getting a US$189 million loan guarantee from the US Department of Energy to roll out its cold energy storage solution.
Hyme Energy will deploy a 20-hour hydroxide molten salt-based thermal energy storage system in Rønne, Denmark, for 2024 while Azelio has just completed the installation of a unit in Dubai, UAE.
With nearly half of global emissions coming from heat processes, clean long duration energy storage (LDES) which can store thermal energy are crucial for decarbonisation, says a new LDES Council report.
Utility and power generation company Enel Group and Brenmiller Energy have inaugurated a thermal energy storage system in Italy using the latter’s proprietary bGen technology.
