US DOE offers US$1.76 billion loan to Hydrostor for A-CAES California project

Energy-Storage.News · April Bonner · last updated January 10, 2025 – 4:56 AM

The US Department of Energy’s (DOE) Loan Programs Office (LPO) has made a conditional commitment for a loan to long-duration energy storage (LDES) developer and operator Hydrostor of up to US$1.76 billion. If finalised, the loan would be used to help fund the Willow Rock Energy Storage Centre, a 500MW/4,000MWh, 8-hour advanced compressed air energy […]

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