Hydrostor

Press Release

Hydrostor Advancing Long Duration Energy Storage in California

Company Developing up to 10GWh of energy storage in state using its patented A-CAES technology. April 29, 2021 (San Francisco, CA) – Hydrostor, a long duration energy storage solution provider, today announced the development of 1,000 MW of long duration energy storage in the state. The California Public Utilities Commission has identified a need for up to …

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Hydrostor Secures Funding to Advance Long Duration Energy Storage in Canada

April 15, 2021 (Toronto, Ontario) — Hydrostor, a long duration energy storage solution provider, announced today it has received funding from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology Canada to pursue the development of a 300-500 MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada. Approximately $4M has been committed to the …

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Hydrostor and NRStor Announce Completion of World’s First Commercial Advanced-CAES Facility

November 25, 2019 (Toronto, Ontario) – Ontario Project Selected as Energy Storage North America 2019 Innovation Award Winner     Hydrostor, the world’s leading developer of Advanced Compressed Air Energy Storage (A-CAES) projects, in partnership with NRStor Incorporated, a diversified Canadian energy storage project developer, announce the completion of the Goderich A-CAES Facility, located in Goderich, Ontario, …

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Hydrostor Announces Close of US$37 Million Growth Financing

September 19, 2019 (Toronto, Ontario) – Funding highlights accelerating shift toward higher-value long-duration energy storage technologies and market opportunities. Hydrostor, a leading developer of Advanced Compressed Air Energy Storage (A-CAES) projects, announced today the closing of US$37 million (C$49 million) in growth financing. RBC Capital Markets acted as Hydrostor’s advisor on the transaction. Meridiam, the global …

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Hydrostor Announces Australia’s First Compressed Air Energy Storage Facility, Advances Global Pipeline of Utility-Scale Projects

(Left to right) Dan van Holst Pellekaan, State Minister for Energy and Mining, Simon Birmingham, Senator for SA, Federal Minister for Trade Tourism & Investment, Curt VanWalleghem, CEO of Hydrostor, Matt Walden, Investment Director for ARENA, Adrian Pederick, Member for Hammond Toronto, February 12, 2019 – Hydrostor Inc., a leader in Advanced Compressed Air Energy …

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