low-cost bulk energy storage News
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General Compression Secures $54.5 Million in Series B Financing
General Compression, Inc. ("GC"), a Massachusetts company developing utility-scale, responsive, renewable power projects that feature a proprietary compressed air energy storage system, announced today that it has closed on the first tranche of a $54.5 Million Series B Financing. Funds from this investment round will be used to enhance the company's manufacturing capacity and to build a pipeline ...
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Hydrostor Announces Australia’s First Compressed Air Energy Storage Facility, Advances Global Pipeline of Utility-Scale Projects
Hydrostor Inc., a leader in Advanced Compressed Air Energy Storage (A-CAES), is pleased to announce that its subsidiary, Hydrostor Australia Pty Ltd, has been awarded a combined total of $9 million of grant funding for Australia’s first A-CAES project, to be sited at a mine outside of Adelaide—the Angas Zinc Mine. The project represents a key milestone in the advancement of ...
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