Australian City Turns To Compressed Air Project For Storage Of 1.5 GWh Updated On Mon, May 30th, 2022 by Saurenergy Broken Hill, a city in rural New South Wales, Australia, has opted for advanced compressed air energy storage for energy storage. The project can be completed and commissioned by 2025, if not earlier. The advanced compressed air energy storage (A-CAES) technology, Hydrostor, has been proposed by a Canadian company recently releasing a statement that its […] Read more
Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs Updated On Thu, Jan 13th, 2022 by Saurenergy Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […] Read more
