Published by Todd Bush on November 7, 2023
NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Corre Energy, a leader in the design, development and commercialisation of long duration energy storage (LDES), and Siemens Energy, have launched a global collaboration for the deployment of multiday CAES. This agreement facilitates and accelerates Corre Energy's international roll-out of integrated CAES and renewable energy infrastructure projects that support the global energy transition. Corre Energy is already active in North America and plans to use Siemens Energy's CAES technology for a 280-megawatt CAES project in West Texas.
This agreement deepens an already strong partnership between the companies and allows Corre Energy to proceed towards financial close of its international pipeline of projects. It also responds to rising demand from offtakers such as renewable energy producers, offshore wind developers and large industrial users of power. These organizations are attracted by the ability of Corre Energy's CAES projects to provide a steady, large-scale supply of green electricity at a fraction of the cost batteries.
Chet Lyons, president of Corre Energy US Development Company LLC, said: "Our partnership with Siemens Energy allows us to accelerate the deployment of our CAES solution in North America. We are particularly impressed with Siemens Energy's groundbreaking progress in demonstrating the ability of its turbines to run on hydrogen which is key to our clean energy plans. In addition to our flagship 280-megawatt project in West Texas, we plan to develop multiple CAES projects in North America in support of Corre Energy's global expansion."
ABOUT CORRE ENERGY: Corre Energy designs, develops, constructs, and operates utility-scale Long Duration Energy Storage (LDES) projects in Europe and North America. Through our project development activities, Corre Energy is working to accelerate the energy transition to net zero, while enhancing the security and flexibility of large-scale energy systems.
SOURCE Corre Energy
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🧪 $400M Bet on Blue Ammonia: Industry Giants Push Carbon Capture in Louisiana 🏭 Linde Signs Long-Term Agreement to Supply Industrial Gases to World-Scale Low-Carbon Ammonia Facil...
Inside This Issue 🔌 BP's Indiana Exit Is Not the Endgame for Clean Hydrogen ☀️ Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch 🏗️ Heidelberg Materials Inaugurates Brevik CCS...
Inside This Issue 🧩 Who Gets Left Behind? Inside the Senate Plan Reshaping America's Clean Energy Future 🌿 TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioener...
Funding led by Taranis will accelerate deployment of Elemental’s low-carbon platform that transforms waste into high-value carbon nanomaterials, clean hydrogen, and recovered critical minerals. HO...
First large-scale multi-panel solar-to-hydrogen system to be installed at UT Austin’s Hydrogen ProtoHub, featuring sixteen photoelectrochemical hydrogen reactors totaling more than 30m² in active a...
Primary Hydrogen Commences Field Sampling Program at Dove Creek
CALGARY, AB / June 24, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) ("Primary" or the "Company") is pleased to announce the commencement of its field sampling program at the Dov...
Carbon Upcycling Technologies ("Carbon Upcycling"), a leader in carbon and resource utilization, announced today the closing of its USD 18 million investment round led by Builders Vision, a team of...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.