Echogen Announces Commercial Agreement to Deploy Grid-Scale Long Duration Energy Storage Technology [Yahoo! Finance]
Brookfield Business Partners L.P. Limited Partnership Units (BBU)
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Source: Yahoo! Finance
This technology can store and dispatch renewable energy for up to 6-48 hours, helping to drive towards net-zero emissions. The agreement marks a significant step in the commercial validation of Echogen's technology, which is designed to provide reliable and sustainable energy storage for periods longer than lithium-ion solutions. The partnership aims to accelerate the global energy transition and help achieve the United Nations' global energy storage targets. Agreement Marks Milestone in Commercial Validation, Paves Way for Additional Net Zero-Aligned Projects AKRON, Ohio Nov. 26, 2024 /PRNewswire/ -- Echogen Power Systems, a leader in sCO energy systems, is pleased to announce the signing of an agreement with Westinghouse Electric Corporation, to pursue the deployment of Echogen's cutting-edge pumped thermal energy storage (PTES) technology for grid-scale, long-duration energy storage. This expanded collaboration marks a significant step in the commercial validation of our techno
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