Articles from Hydrostor Inc.

Hydrostor, a global long-duration energy storage (LDES) developer and operator of advanced compressed air energy storage (A-CAES) projects, has secured $55 million USD in funding from Export Development Canada (“EDC”). The transaction will support development activities for Hydrostor’s 200 MW Silver City Energy Storage Centre project being built in Broken Hill, New South Wales, Australia.

Hydrostor, a leading global long duration energy storage (LDES) developer and operator, is pleased to announce that Glenn Wright will join its Board of Directors following its annual shareholders meeting in September.

Hydrostor, a global long-duration energy storage (LDES) developer and operator, has secured a $200 million USD investment from Canada Growth Fund Inc. (“CGF”), Goldman Sachs Alternatives (“Goldman Sachs”), and Canada Pension Plan Investment Board (“CPP Investments”). The transaction will support Hydrostor’s continued investment in Advanced Compressed Air Energy Storage (A-CAES) projects in Canada and around the world.

Hydrostor’s first U.S. project provides significant permitting updates for the California Energy Commission; announces fully executed interconnection agreement

Beth Summers is joining Hydrostor as CFO as projects in Australia and California move forward

First-of-its-kind energy storage project in Australia to provide critical energy stability for NSW

Demonstrating the critical role of Hydrostor’s advanced compressed air energy storage for the region’s long term energy security and reliability

The Silver City Project uses Advanced Compressed Air Energy Storage (A-CAES) technology and represents a game changing outcome for mining in Broken Hill

Fong's advocacy for clean technologies, renewables, and energy storage, enabled him to oversee the launch of over 300 projects and 10,000+ MWs of capacity

Appointment of seasoned industry leaders enhances Hydrostor’s world class executive team focused on developing essential large-scale energy storage projects

Scott Bolton and Sarah Griffiths join Hydrostor to enhance relationships with global policy makers and regulatory leaders to support the transition to carbon-free energy solutions

Joining a group of esteemed experts and industry leaders advising Hydrostor on the development of its proprietary Advanced Compressed Air Energy Storage solution globally

Expanding critical long-duration energy storage (LDES) to support increasing levels of intermittent wind and solar resources, the nearly $1B (U.S.) contract represents one of the largest standalone long-duration energy storage PPAs

The announcement comes as development progresses on Hydrostor’s Willow Rock project in California (500MW - 4,000MWh) and on its Silver City project in Australia (200MW - 1,600MWh)

World class energy executives previously with some of North America’s largest utilities including PacifiCorp, Southwest Power Pool, Pacific Gas & Electric, WECC, and SDGE