1.5GWh compressed air project is preferred energy storage option for Australian city
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Toronto, Canada, May 26, 2022 (GLOBE NEWSWIRE) — Hydrostor Australia Holding Pty Ltd, a subsidiary of Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, today announced that TransGrid, New South Wales’ largest transmission operator, published its Project Assessment Conclusions Report (“PACR”) that identifies the 200MW/1,500MWh Silver City Energy Storage Centre (“Silver City”) as …
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April 19, 2022 (Toronto, Ontario) – Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, today announced an investment commitment of US$25 million from Canada Pension Plan Investment Board (“CPP Investments”). Proceeds from the financing will support Hydrostor’s strategy of developing, constructing, and operating Advanced Compressed Air Energy Storage (“A-CAES”) facilities globally. CPP Investments’ …