article thumbnail

Hydrostor inks $250 million investment for energy storage growth

Renewable Energy World

Hydrostor is getting a boost for its long-term energy storage projects. Goldman Sachs is investing $250 million to help the company build more than 1 GW/8.7GWh of its Advanced Compressed Air Energy Storage (A-CAES) projects in California and Australia. The company says A-CAES can store energy from five hours to multiple days.

article thumbnail

Operational clean hydrogen production projects set to double globally within the next five years

Envirotec Magazine

The Hydrogen Map divides clean hydrogen production projects into two categories on the basis of production method: blue denoting steam reforming of natural gas with carbon capture; and green denoting hydrogen produced via electrolysis of zero-carbon energy sources, such as renewables and nuclear.

Hydrogen 275
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

GM leads $50-million funding round in EnergyX to develop US lithium supply

Charged

GM’s investment arm GM Ventures is leading a $50-million Series B financing round in Energy Exploration Technologies ( EnergyX ) and will develop the company’s lithium extraction and refinery technology. This could help create a lithium supply chain in North America that may otherwise be unviable, the company said.

Lithium 122
article thumbnail

The COP28 pledge to triple up by 2030 and implications for geothermal

ThinkGeoEnergy

One of the biggest stories and most widely supported initiatives coming out of the 2023 UN Climate Change Conference (CO28) in Dubai, UAE is the pledge to triple the world’s installed renewable energy capacity by 2030 to limit global temperature rise to 1.5°C. Global installed renewable electricity generation capacity in the 1.5°C

article thumbnail

Brookfield Renewable, Plug Power partner on hydropower-fueled hydrogen plant

Renewable Energy World

announced plans to build a green hydrogen production plant, which would use 100% renewable energy from Brookfield Renewable’s 252-MW Holtwood hydroelectric facility. The plant will be located along the Susquehanna River in south-central Pennsylvania, U.S., It is also expected to create more than 25 green energy jobs in Pennsylvania.

article thumbnail

China 2022 Best System Integrator Brand

Smart Energy International

On August 22, CLOU was awarded the China 2022 Best System Integrator Brand in the Industries of PV (photovoltaic), ES (energy storage) and Charging at the Gold Brick PV, ES and Charging Forum held in Changzhou City, Jiangsu Province, eastern China. Award of China PV, ES and Charging Industry Best System Integrator Brand 2022. Conclusion.

Oceania 52
article thumbnail

Brookfield Renewable Bids to Buy Remaining Stake in TerraForm Power

GreenTechMedia

Canada’s Brookfield Renewable Partners on Monday offered to buy out all the shares of yieldco TerraForm Power that it does not already own, potentially adding further heft to what is already one of the world’s largest clean-energy generators.