- In November 2024, Hydrostor signed a Crown Lands agreement with the New South Wales (NSW) government to develop the Silver City Energy Storage Centre. This project aims to enhance energy stability in the region by establishing a mini-grid system and providing essential backup power to Broken Hill. The facility will generate 200 MW of power, offering 8 hours of storage at full capacity and longer durations at lower output levels
- In March 2024, Schneider Electric and Hy Stor Energy signed a memorandum of understanding to advance the Mississippi Clean Hydrogen Hub (MCHH) and its broader U.S. development platform. This collaboration focuses on tackling large-scale energy and sustainability challenges, facilitating the transition to renewable and fossil-free energy systems. Schneider Electric will contribute automation, safety solutions, AI optimization software, weather analysis, predictive operations, and digital energy management tools
- In December 2023, Customized Energy Solutions (CES) and Peninsula Clean Energy entered a long-term partnership to enhance the management and optimization of Peninsula Clean Energy’s renewables and energy storage portfolio within the California Independent System Operator (CAISO) markets. This collaboration supports Peninsula Clean Energy’s goal of delivering 100% renewable energy to customers in the City of Los Banos and San Mateo County by 2025
- In November 2023, Schneider Electric invested USD 1.7 million in a state-of-the-art battery lab in Bengaluru. The facility is designed with advanced diagnostic equipment, modern safety systems, and dedicated testing chambers to ensure optimal battery performance while meeting stringent safety standards. This initiative reinforces Schneider Electric’s commitment to sustainable energy solutions and innovation in battery technology
