Italy’s Energy Dome Raises $44 million To Focus On CO2 Storage In US
The title of this post, is the same as that as this article on Reuters.
This is the opening paragraph.
Energy Dome, an Italian startup focusing on CO2 energy storage solutions, said on Friday it had raised 40 million euros ($44 million) from investors to fund expansion in the U.S.
It looks like another European company chasing Biden’s dollars.
ED has just signed a contract with Alliant for their first US project, in Wisconsin https://www.energy-storage.news/long-duration-co2-battery-startup-energy-dome-pens-contract-for-first-us-project/ – scheduled for completion in 2027. Their same-sized (200MWh) plant in Sardinia is scheduled for completion in Q1 next year. Be interesting to see how well it functions. We need a lot more of this sort of thing.
Comment by Peter Robins | October 23, 2024 |
They’ve now signed an offtake agreement with Engie for the Sardinian plant https://energydome.com/energy-dome-and-engie-sign-pioneering-storage-offtake-agreement/ The press release includes an artist’s impression of what the thing will look like.
Comment by Peter Robins | December 19, 2024 |