Hydrostor

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Hydrostor is a company which delivers compressed air energy storage. It flexibly addresses bulk electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral and ancillary services, and can be used in behind-the-meter or remote applications for mines and large industrial operations. Hydrostor's strategy is to partner with utilities and energy producers to accelerate large-scale deployment.

TypePrivate
Founded2010
HQToronto, CAMap
Websitehydrostor.ca

Recent NewsAll News

Latest Updates

Employees (est.) (Jul 2021)26
Cybersecurity ratingBMore

Hydrostor Office Locations

Hydrostor has offices in Toronto and Adelaide
Toronto, CA (HQ)
365 Bay St #300Toronto
Adelaide, AU
Level 13/431 King William St
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Hydrostor Financials and Metrics

Summary Metrics

Founding Date

2010

Hydrostor total Funding

$37 m

Hydrostor latest funding size

$37 m

Time since last funding

2 years ago

Hydrostor investors

ArcTern Ventures, MaRS Catalyst Fund, Elemental Energy, Meridiam, Lorem Partners, Canoe Financial
Hydrostor's latest funding round in September 2019 was reported to be $37 m. In total, Hydrostor has raised $37 m
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Hydrostor Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

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Hydrostor Online and Social Media Presence

Hydrostor's Trends

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Hydrostor News and Updates

June 24, 2021

Hydrostor Announces Build-out of Executive Team to Support Execution of Project Pipeline Exceeding 6 GW/65 GWh of Long-Duration Energy Storage

Industry executives, with decades of experience in power generation and large-scale infrastructure projects, join Hydrostor Industry executives, with decades of experience in power generation and large-scale infrastructure projects, join Hydrostor
April 29, 2021

Hydrostor Advancing Long Duration Energy Storage in California

Company developing up to 10 GWh of energy storage in state using its patented A-CAES technology Company developing up to 10 GWh of energy storage in state using its patented A-CAES technology

Hydrostor Blogs

June 07, 2021

Hydrostor Project to Contribute more than AUS$500 million to New South Wales Economy

Economic impact report for long duration energy storage project in Broken Hill Confirms it will create significant employment during construction and operations.  June 7, 2021 (Broken Hill, Australia) – Hydrostor, a long duration energy storage solution provider, today announced the latest results f…
May 04, 2021

Utility Dive: Hydrostor building up to 1 GW compressed air storage to meet California’s shifting resource needs

Read original article: LINK
April 16, 2021

Energy Storage News: Advanced compressed air energy storage project gets funding help from Canadian government

Read original article:  LINK
April 15, 2021

Hydrostor Secures Funding to Advance Long Duration Energy Storage in Canada

April 15, 2021 (Toronto, Ontario) — Hydrostor, a long duration energy storage solution provider, announced today it has received funding from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology Canada to pursue the development of a 300-500 MW Advanced Compress…

 Hydrostor Frequently Asked Questions

  • When was Hydrostor founded?

    Hydrostor was founded in 2010.

  • How many employees does Hydrostor have?

    Hydrostor has 26 employees.

  • Who are Hydrostor competitors?

    Competitors of Hydrostor include Primus Power, Form Energy and FSP Technology.

  • Where is Hydrostor headquarters?

    Hydrostor headquarters is located at 365 Bay St #300Toronto, Toronto.

  • Where are Hydrostor offices?

    Hydrostor has offices in Toronto and Adelaide.

  • How many offices does Hydrostor have?

    Hydrostor has 2 offices.