The largest U.S. federal loan guarantee for long-duration energy storage didn’t last long. Less than two weeks after the U.S. Department of Energy announced it would loan Hydrostor nearly $1.8 billion ...

Hydrostor has secured a $200 million investment from Canada Growth Fund Inc., Goldman Sachs Alternatives, and Canada Pension ...

Hydrostor deploys compressed air energy storage, a technology that is able to store and dispatch energy for long durations. As the region’s 2,200 MW Diablo Canyon Nuclear Power Plant is set to ...

The new capital, in the form of convertible debt, is the second major investment in the company by Goldman Sachs and Canada ...

for 200 MW/1600 MWh of energy storage from a planned 500 MW compressed air energy storage system. Hydrostor’s storage technology can cost-effectively store up to eight hours of energy ...

Hydrostor’s Willow Rock Energy Storage Center receives Conditional Commitment for up to $1.76 billion loan guarantee from U.S. Department of Energy The project will provide more than eight hours ...

a 500MW/4GWh advanced compressed air energy storage project to be built in California. Hydrostor, which is also developing a groundbreaking underground energy storage facility in New South Wales ...

The Toronto-based company’s advanced compressed-air energy storage technology ... Independent System Operator territory, DOE said. Hydrostor is in “late-stage permitting” with local and ...

Funding round by Canada Growth Fund, Goldman Sachs Alternatives, and CPP Investments will support continued advancement of Hydrostor’s 7 GW of projects in North America, Australia, and Europe ...

DENVER--(BUSINESS WIRE)--Long-duration energy storage developer and operator, Hydrostor, has reached a conditional commitment for a loan guarantee of up to $1.76 billion with the U.S. Department ...

The project will provide more than eight hours of back-up power to California’s grid, enhancing grid reliability and resiliency DENVER, January 08, 2025--(BUSINESS WIRE)--Long-duration energy ...