Hydrostor Receives Funding for New A-CAES Project

• We have received approximately $4 million in funding from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology Canada.
• The funding will be used to complete essential engineering and planning for a new 300-500 MW A-CAES facility, enabling critical steps toward construction.
• Modeled after our existing Goderich storage facility in Ontario, the project aims to provide up to 12 hours of long-duration energy storage.
• The technology combines renewable energy or excess grid power to compress air, which is stored in underground caverns.
• Heat generated during compression is captured and stored for reheat when energy is needed, making A-CAES a scalable, reliable, and emissions-free energy storage solution.

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