This startup raised $8M to store clean energy under the sea

Image for article This startup raised $8M to store clean energy under the sea
News Source : Electrek

News Summary

  • Sizable Energy is reimagining pumped hydro storage for the sea.
  • The company’s system uses saturated sea-salt brine that moves between a floating reservoir and a deep-water reservoir.
  • By harnessing gravity and ocean depth, it can store and release gigawatt-scale power without the land use or environmental impact of onshore hydro projects.
  • CEO and co-founder Dr. Manuele Aufiero says the tech could help stabilize the grid as renewables surge.
Photo Sizable EnergyOcean energy storage startup Sizable Energy just raised $8 million to bring its longduration offshore pumped hydro system to market.The round was led by Playground Global, w [+3122 chars]

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