Subsea pumped storage tech secures funding from U.S., German governments
A cross-Atlantic subsea pumped storage collaboration will seek to overcome the land-based challenges plaguing traditional pumped hydro storage technology. November 1, 2024 From ESS News The US and German governments have approved grants to the tune of $7.7 million to unleash the power of the ocean for renewable energy storage. US-based Sperra has been awarded …
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