Agreement Marks Milestone in Commercial Validation, Paves Way for Additional Net Zero-Aligned Projects
, /PRNewswire/ — Echogen Power Systems, a leader in sCO2 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 technology and its role in the global transition to a carbon-neutral future.
As industries and utilities around the world navigate the challenges of stabilizing renewable energy resources and reducing greenhouse gas emissions, long-duration energy storage (LDES) solutions like PTES are emerging as essential components in achieving a resilient, decarbonized grid. Echogen’s technology will be a key enabler to help achieve the United Nations’ COP29announced global energy storage targets of 1.5TW. By providing reliable and sustainable energy storage for periods greater than …