Storage Drop (TASE: STRG) has moved forward another significant step on the way to commercializing the thermal energy storage system that it has developed. The company has completed building a prototype of its HyDrop thermal storage system for producing electricity, which it has developed on land at Ashdod Port, and which is scheduled to begin operating in the coming weeks, following the completion of the installation and operation of the compression system.
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Storage Drop develops advanced technology for renewable energy storage. The company has developed two different energy storage systems: HyDrop, which is an energy…