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Corre Energy BV - Groningen, Netherlands-based renewable energy storage and green hydrogen company - Launches collaboration with Siemens Energy AG to deploy multiday compressed air energy storage. Says the agreement, which builds on a pre-existing partnership, will help to accelerate its roll-out of major integrated renewable energy infrastructure projects.
Chief Executive Officer Keith McCrane says: ‘We are responding to increasing market demand for multiday energy storage by deepening our partnership with Siemens Energy. By doing so we can offer a much-needed modular and standardised scalable CAES solution to the market providing storage for over 24 hours. This agreement will accelerate our response to meet increasing demand from a range of investment grade offtakers for the Corre Energy pipeline of projects. We are very proud of this collaboration with Siemens Energy which helps to validate our 10-year journey to yield a multiday CAES product that is deployable across multiple projects and geographies.’
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