The Anonymous Widower

Goldman Sachs Invests $250 million In Hydrostor To Advance Compressed Air Energy Storage Projects

The title of this post, is the same as that of this article on pv Magazine.

This is the introductory paragraph.

The investment is planned to support development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.

It certainly seems that the big beasts of finance are starting to back innovative energy storage.

January 11, 2022 - Posted by | Energy, Energy Storage, Finance | , , , ,

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