Toronto-based Hydrostor Inc. will employ the company’s advanced compressed air energy storage technology in a proposed energy storage project in California.HandoutA California community electricity distributor has signed a 25-year power purchase agreement with Toronto-based Hydrostor Inc., a deal worth almost US$1-billion that moves a long-duration energy storage project closer to fruition.Under the agreement, Central Coast Community Energy will contract for 40 per cent of the offtake from Hydrostor’s Willow Rock Energy Storage Center, a proposed development near Rosamond, in Kern County, Calif. The project will employ the company’s advanced compressed air energy storage technology.Willow Rock is one of two planned Hydrostor developments in California. The plants, which can store energy longer than lithium-ion batteries, will allow more renewable energy onto grids by smoothing…
Hydrostor signs offtake agreement for energy storage project in California
