Hydrostor

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Hydrostor is a leading developer and operator of long-duration energy storage systems. Hydrostor leverages a proven technology solution for delivering long-duration energy storage (eight hours or more) to power grids around the world. Hydrostor’s technology uses compressed air and water to store energy. This patented technology allows grid operators to draw on clean energy, even when there is no sun to fuel solar panels and no wind to generate energy from turbines. Hydrostor has a successful utility scale facility commercially contracted to the Independent Electricity System Operator (IESO) located in Goderich, Ontario, and two advanced projects under development in Kern County, California and New South Wales, Australia. Hydrostor has an extensive early-stage pipeline of projects in North America, Australia and Europe. Founded in 2010 and with headquarters in Toronto, Canada and offices in Melbourne, Australia and Sacramento, USA, Hydrostor is backed by Goldman Sachs Asset Management, the Canada Pension Plan (CPP) and other forward-thinking institutional investors, providing financial security to commit to top-tier energy projects.

Company Details

Employees
124
Founded
-
Address
333 Bay St, Toronto,ontario M5h 2r2,canada
Phone
(416)548-7880
Email
in****@****stor.ca
Industry
Renewable Energy Power Generation
NAICS
Electric Power Generation
HQ
Toronto, Ontario
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News

Hydrostor’s $1.5B Willow Rock Project Faces Permit Hurdles —but Could Revolutionize California’s Power Grid - CarbonCredits.com

Hydrostor’s $1.5B Willow Rock Project Faces Permit Hurdles —but Could Revolutionize California’s Power Grid CarbonCredits.com

Hydrostor Announces US$55 Million in Funding From Export Development Canada to Finance Development Expenditures for Late-Stage Project - Business Wire

Hydrostor Announces US$55 Million in Funding From Export Development Canada to Finance Development Expenditures for Late-Stage Project Business Wire

US DOE offers US$1.76 billion loan to Hydrostor for A-CAES California project - Energy-Storage.News

US DOE offers US$1.76 billion loan to Hydrostor for A-CAES California project Energy-Storage.News

DOE Places Compressed-Air Energy Storage Loan Under Review - IEEE Spectrum

DOE Places Compressed-Air Energy Storage Loan Under Review IEEE Spectrum

Hydrostor Announces $200 Million in Funding from Leading Investors to Accelerate Canadian and Global Deployment of its Advanced Compressed Air Energy Storage Projects - Business Wire

Hydrostor Announces $200 Million in Funding from Leading Investors to Accelerate Canadian and Global Deployment of its Advanced Compressed Air Energy Storage Projects Business Wire

Hydrostor secures US$200-million in financing from Canada Growth Fund, Goldman Sachs, CPP - The Globe and Mail

Hydrostor secures US$200-million in financing from Canada Growth Fund, Goldman Sachs, CPP The Globe and Mail

Hydrostor secures US$200 million for advanced compressed air energy storage projects - Energy-Storage.News

Hydrostor secures US$200 million for advanced compressed air energy storage projects Energy-Storage.News

Massive underground air-battery project lands $1.76B DOE award - Canary Media

Massive underground air-battery project lands $1.76B DOE award Canary Media

Hydrostor gets $1.76B DOE conditional loan guarantee for 4 GWh energy storage project - Utility Dive

Hydrostor gets $1.76B DOE conditional loan guarantee for 4 GWh energy storage project Utility Dive

World's largest compressed air grid "batteries" will store up to 10GWh - New Atlas

World's largest compressed air grid "batteries" will store up to 10GWh New Atlas

Hydrostor Selects Kiewit to Advance Engineering for Willow Rock, The Largest Stand-alone Energy Storage project in California - PR Newswire

Hydrostor Selects Kiewit to Advance Engineering for Willow Rock, The Largest Stand-alone Energy Storage project in California PR Newswire

Momentum building for Hydrostor’s Willow Rock Energy - GlobeNewswire

Momentum building for Hydrostor’s Willow Rock Energy GlobeNewswire

Hydrostor’s Willow Rock Energy Storage Center receives Conditional Commitment for up to $1.76 billion loan guarantee from U.S. Department of Energy - Business Wire

Hydrostor’s Willow Rock Energy Storage Center receives Conditional Commitment for up to $1.76 billion loan guarantee from U.S. Department of Energy Business Wire

High energy, large loan for Hydrostor, $1.76B, near Rosamond - 23ABC News Bakersfield

High energy, large loan for Hydrostor, $1.76B, near Rosamond 23ABC News Bakersfield

A Company Is Building a Giant Compressed-Air Battery in the Australian Outback - WIRED

A Company Is Building a Giant Compressed-Air Battery in the Australian Outback WIRED

Hydrostor Secures US$250 Million Investment from Goldman Sachs Asset Management to Accelerate Growth - GlobeNewswire

Hydrostor Secures US$250 Million Investment from Goldman Sachs Asset Management to Accelerate Growth GlobeNewswire

Hydrostor considering alternative sites for 4GWh A-CAES California project - Energy-Storage.News

Hydrostor considering alternative sites for 4GWh A-CAES California project Energy-Storage.News

California eyes central procurement of 2GW of LDES to help scale novel technologies - Energy-Storage.News

California eyes central procurement of 2GW of LDES to help scale novel technologies Energy-Storage.News

Hydrostor appoints engineering firm for 500MW California A-CAES project - Energy-Storage.News

Hydrostor appoints engineering firm for 500MW California A-CAES project Energy-Storage.News

Compressed air energy storage company Hydrostor nets CA$10m of growth capital - Energy-Storage.News

Compressed air energy storage company Hydrostor nets CA$10m of growth capital Energy-Storage.News

Hydrostor Raises $200 Million to Store Energy Using Compressed Air Technology - ESG Today

Hydrostor Raises $200 Million to Store Energy Using Compressed Air Technology ESG Today

Hydrostor: $200 Million Raised For Long-Duration Energy Storage Platform - Pulse 2.0

Hydrostor: $200 Million Raised For Long-Duration Energy Storage Platform Pulse 2.0

This long duration compressed air energy storage project just got a $1.76B DOE loan - Electrek

This long duration compressed air energy storage project just got a $1.76B DOE loan Electrek

Hydrostor proposes 500MW long-duration A-CAES facility for second Ontario IESO procurement - Energy-Storage.News

Hydrostor proposes 500MW long-duration A-CAES facility for second Ontario IESO procurement Energy-Storage.News

Hydrostor and NRStor Announce Completion of World’s First Commercial Advanced-CAES Facility - GlobeNewswire

Hydrostor and NRStor Announce Completion of World’s First Commercial Advanced-CAES Facility GlobeNewswire

First offtake deal signed for 500MW/4,000MWh advanced compressed air energy storage project in California - Energy-Storage.News

First offtake deal signed for 500MW/4,000MWh advanced compressed air energy storage project in California Energy-Storage.News

A Smart Way To Provide Long-Term, Grid-Scale Storage: Hydrostor - Forbes

A Smart Way To Provide Long-Term, Grid-Scale Storage: Hydrostor Forbes

Hydrostor Announces Advisory Board to Accelerate Deployment of Long Duration Energy Storage Infrastructure - GlobeNewswire

Hydrostor Announces Advisory Board to Accelerate Deployment of Long Duration Energy Storage Infrastructure GlobeNewswire

Energy Industry Veteran Fong Wan Joins Hydrostor as Strategic Advisor to the Executive Team - Yahoo Finance

Energy Industry Veteran Fong Wan Joins Hydrostor as Strategic Advisor to the Executive Team Yahoo Finance

Hydrostor plans massive deployment of compressed-air energy storage in California - Energy-Storage.News

Hydrostor plans massive deployment of compressed-air energy storage in California Energy-Storage.News

Hydrostor Terra™ offers bulk energy storage at half the cost of competing battery technologies, on par with new natural gas plants - PR Newswire

Hydrostor Terra™ offers bulk energy storage at half the cost of competing battery technologies, on par with new natural gas plants PR Newswire

California Moves Closer to Carbon-Free Electricity Goals as - GlobeNewswire

California Moves Closer to Carbon-Free Electricity Goals as GlobeNewswire

Hydrostor Announces Close of US$37 Million Growth Financing - GlobeNewswire

Hydrostor Announces Close of US$37 Million Growth Financing GlobeNewswire

TotalEnergies solar-plus-storage, Iberdrola VPP, ex-FERC chair at Hydrostor - Energy-Storage.News

TotalEnergies solar-plus-storage, Iberdrola VPP, ex-FERC chair at Hydrostor Energy-Storage.News

CPP Investments invests in Hydrostor to support the global expansion of long-duration energy storage - PR Newswire Canada

CPP Investments invests in Hydrostor to support the global expansion of long-duration energy storage PR Newswire Canada

Energy Storage Firm Hydrostor Secures $200M from Goldman Sachs, Canada Growth Fund, CPP Investments - ESG News

Energy Storage Firm Hydrostor Secures $200M from Goldman Sachs, Canada Growth Fund, CPP Investments ESG News

Canada's Hydrostor eyes role in $1 billion U.S. peak power market - Reuters

Canada's Hydrostor eyes role in $1 billion U.S. peak power market Reuters

Hydrostor signs offtake agreement for energy storage project in California - The Globe and Mail

Hydrostor signs offtake agreement for energy storage project in California The Globe and Mail

500 MW compressed air energy storage project in California secures offtaker - pv magazine USA

500 MW compressed air energy storage project in California secures offtaker pv magazine USA

Canada's biggest-ever clean-energy storage plant plans charged up with launch funding - Recharge News

Canada's biggest-ever clean-energy storage plant plans charged up with launch funding Recharge News

Hydrostor develops 500 MW/4 GWh compressed air storage project in California - pv magazine International

Hydrostor develops 500 MW/4 GWh compressed air storage project in California pv magazine International

Hydrostor Announces Australia's First Compressed Air Energy Storage Facility, Advances Global Pipeline of Utility-Scale Projects - PR Newswire Canada

Hydrostor Announces Australia's First Compressed Air Energy Storage Facility, Advances Global Pipeline of Utility-Scale Projects PR Newswire Canada

Hydrostor Receives Funding for New A-CAES Project - POWER Magazine

Hydrostor Receives Funding for New A-CAES Project POWER Magazine

This giant underground battery is a $1-billion clean energy solution - Los Angeles Times

This giant underground battery is a $1-billion clean energy solution Los Angeles Times

The largest bunker in history, in an underwater balloon: It will store the energy of the planet - El Diario 24

The largest bunker in history, in an underwater balloon: It will store the energy of the planet El Diario 24

Cleantech Export Stars 2024 - Export Development Canada (EDC)

Cleantech Export Stars 2024 Export Development Canada (EDC)

How an old Goderich salt mine could one day save you money on your hydro bill - CBC

How an old Goderich salt mine could one day save you money on your hydro bill CBC

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