The Energizer – Volume 89
By EsqSocial Corporation 14/05/21
HYDROSTOR RECEIVES FUNDING FOR UTILITY-SCALE A-CAES FACILITY - On 15 April, Hydrostor announced receipt of nearly US$4 million in funding from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology to develop a 300-500 megawatt (MW) Advanced Compressed Air Energy Storage (A-CAES) facility. An A-CAES facility uses renewable energy or excess grid energy to compress air that is then funneled into underground caverns, displacing water and creating storage...
By: K&L Gates LLP