Hydrostor

Press Release

California Moves Closer to Carbon-Free Electricity Goals as Central Coast Community Energy Signs 25-Year Power Purchase Agreement with Hydrostor

TORONTO, CANADA and MONTEREY, CALIFORNIA, January 12, 2023 (GLOBE NEWSWIRE)– Hydrostor Inc. (Hydrostor), a leading long-duration energy storage (LDES) provider, and Central Coast Community Energy (3CE), one of California’s largest community choice aggregators, announced today that they have executed a 25-year energy storage PPA for 200 MW/1,600 MWh from Hydrostor’s 100%-owned Willow Rock Energy Storage …

California Moves Closer to Carbon-Free Electricity Goals as Central Coast Community Energy Signs 25-Year Power Purchase Agreement with Hydrostor Read More »

David J. Hayes, Former Special Assistant to the U.S. President for Climate Policy Joins Hydrostor as Strategic Advisor to the Board

TORONTO, CANADA – December 14, 2022 – Hydrostor Inc. (Hydrostor), a leading long duration energy storage (LDES) solution provider, announced today the appointment of David J. Hayes as a strategic advisor to its Board of Directors. In this capacity, he will provide leadership and guidance to the Board and executive team as they continue their …

David J. Hayes, Former Special Assistant to the U.S. President for Climate Policy Joins Hydrostor as Strategic Advisor to the Board Read More »

Hydrostor Announces Advisory Board to Accelerate Deployment of Long Duration Energy Storage Infrastructure

TORONTO, CANADA – November 30, 2022 – Hydrostor Inc. (Hydrostor), a leading long-duration energy storage solution provider, announced today the members of its newly formed Advisory Board. The foundation members bring a wealth of knowledge from the energy industry and will support Hydrostor’s mission to enable the energy transition through the international deployment of critical …

Hydrostor Announces Advisory Board to Accelerate Deployment of Long Duration Energy Storage Infrastructure Read More »

McDermott Selected To Advance Engineering For Hydrostor’s 200MW Silver City Energy Storage Centre, One of The Largest Renewable Mini-grids to be Created Worldwide

McDermott Selected To Advance Engineering For Hydrostor’s 200MW Silver City Energy Storage Centre, One of The Largest Renewable Mini-grids to be Created Worldwide

October 25th, 2022 (TORONTO, Canada) – Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, through its partnership with Australian developer Energy Estate (“A-CAES NSW Pty”), and McDermott International (“McDermott”) have entered into an agreement to advance Front-end Engineering and Design studies for the 200MW Silver City Energy Storage Centre (“Silver City”) using Hydrostor’s …

McDermott Selected To Advance Engineering For Hydrostor’s 200MW Silver City Energy Storage Centre, One of The Largest Renewable Mini-grids to be Created Worldwide Read More »

Hydrostor Announces AUS$45 Million Grant From The Australian Renewable Energy Agency, Supporting Critical Long Duration Energy Storage Infrastructure in New South Wales

October 21, 2022 (TORONTO, Canada) – Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, through its partnership with Australian developer Energy Estate (“A-CAES NSW Pty”) announced today that the 200MW/1600MWh Silver City Energy Storage Centre (“Silver City”) has been awarded AUS$45 million from the Australian Renewable Energy Agency (“ARENA”). This milestone demonstrates the …

Hydrostor Announces AUS$45 Million Grant From The Australian Renewable Energy Agency, Supporting Critical Long Duration Energy Storage Infrastructure in New South Wales Read More »

Hydrostor Selects Kiewit to Advance Engineering for Willow Rock, The Largest Stand-alone Energy Storage Project in California

Toronto, Canada – August 25, 2022 (GLOBE NEWSWIRE) – Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, and Kiewit Engineering Group Inc. (“Kiewit”), have entered an agreement to advance Front-End Engineering and Design studies for the 500MW Willow Rock Energy Storage Center (“Willow Rock”), which would be the largest stand-alone energy storage project …

Hydrostor Selects Kiewit to Advance Engineering for Willow Rock, The Largest Stand-alone Energy Storage Project in California Read More »

Hydrostor Announces Addition of Veteran Energy Executive Judith Johansen as Independent Board Member

Toronto, Canada – July 22, 2022 (GLOBE NEWSWIRE) – Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, today announced the appointment of Judith (Judi) Johansen as an independent board member.  Ms. Johansen joins Hydrostor with extensive experience in the energy sector. Between 2001 and 2006, she served as President and Chief Executive Officer of …

Hydrostor Announces Addition of Veteran Energy Executive Judith Johansen as Independent Board Member Read More »

Hydrostor Announces Key Milestones for its 500 MW Advanced Compressed Air Energy Storage System in Southern California

Toronto, Canada – July 19, 2022 (GLOBE NEWSWIRE) – Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, announced today that the California Energy Commission (“CEC”) determined that Hydrostor’s Application for Certification for its 500 MW/4,000 MWh Advanced Compressed Air Energy Storage (“A-CAES”) project in Kern County, California is Data Adequate.  This milestone will officially …

Hydrostor Announces Key Milestones for its 500 MW Advanced Compressed Air Energy Storage System in Southern California Read More »

Hydrostor’s Compressed Air Energy Storage Selected as Preferred Option by Transgrid to Provide Back-up Electricity for Broken Hill, New South Wales

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 …

Hydrostor’s Compressed Air Energy Storage Selected as Preferred Option by Transgrid to Provide Back-up Electricity for Broken Hill, New South Wales Read More »

CPP Investments invests in Hydrostor to support the global expansion of long-duration energy storage

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’ …

CPP Investments invests in Hydrostor to support the global expansion of long-duration energy storage Read More »