1.5GWh compressed air project is preferred energy storage option for Australian city

• Our advanced compressed air energy storage (A-CAES) technology has been chosen as the preferred solution for supplying backup energy to Broken Hill in rural New South Wales, Australia.
• The proposed 200MW/1,500MWh Silver City Energy Storage Center aims to integrate renewable energy into the grid. 
•  Transgrid, the transmission network operator, identified it as the optimal project in a recent assessment report.
• Our technology, which stores compressed air underground, offers a cleaner alternative to aging diesel generators.
• With a round-trip efficiency of about 65%, it outperforms traditional compressed air systems and is easier to site and construct than pumped hydro energy storage.
• We plan to have the project operational by 2025 and has received significant investment commitments from Goldman Sachs Asset Management and the Canada Pension Plan Investment Board. 

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