Hydrostor

Press Release

Hydrostor Announces Build-out of Executive Team to Support Execution of Project Pipeline Exceeding 6 GW/65 GWh of Long-Duration Energy Storage

Industry executives, with decades of experience in power generation and large-scale infrastructure projects, Join Hydrostor. June 24, 2021 (Toronto, Canada) — Hydrostor, a long-duration energy storage solution provider, with a commercial-ready product and established supply chain, today announced the appointment of Guy Bentinck as Chief Financial Officer and Dean Comand as Chief Operating Officer. Guy …

Hydrostor Announces Build-out of Executive Team to Support Execution of Project Pipeline Exceeding 6 GW/65 GWh of Long-Duration Energy Storage Read More »

Hydrostor Project to Contribute more than AUS$500 million to New South Wales Economy

Economic impact report for long duration energy storage project in Broken Hill Confirms it will create significant employment during construction and operations.  June 7, 2021 (Broken Hill, Australia) – Hydrostor, a long duration energy storage solution provider, today announced the latest results from a third-party economic impact report produced by ACIL Allen for its 200 MW …

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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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