Hydrostor Announces AUS$45 Million Grant From The Australian Renewable Energy Agency, Supporting Critical Long Duration Energy Storage Infrastructure in New South Wales
This milestone demonstrates the commercial readiness of Hydrostors Advanced Compressed Air Energy Storage (A-CAES) technology to provide clean energy security.
- This milestone demonstrates the commercial readiness of Hydrostors Advanced Compressed Air Energy Storage (A-CAES) technology to provide clean energy security.
- A-CAES uses existing supply chains and proven equipment to provide affordable, large-scale, and emission-free long-duration energy storage.
- Hydrostor is a long-duration energy storage solutions provider that provides reliable and affordable utility integration of long-duration energy storage, enabling grid operators to scale renewable energy and secure grid capacity.
- Hydrostor has developed, deployed, tested, and demonstrated that its patented Advanced Compressed Air Energy Storage (A-CAES) technology can provide long-duration energy storage and enable the renewable energy transition.