News & Events
- Press Release
Funding Part of ARPA-E Program to Develop American-Made Clean Energy Technologies, Create Jobs and Cut Greenhouse Gas Emissions
The funding aims to spur ‘broad deployment’ of technologies that will save cost and labor.
CPS Energy & Quidnet Energy Announce Landmark Agreement to Build Grid-Scale, Long Duration, Geomechanical Pumped Storage Project in Texas
Innovative Energy Storage Uses Oil & Gas Technology and Talent to Support CPS’ Flexible Path Emissions Reduction by 80 percent by 2040
85–140 terawatt-hours (TWh) of long duration energy storage capacity representing $1.5–$3 trillion in investment, coupled with market reforms, yields pathway to full electric grid decarbonization
Rapidly Developing Geomechanical Pumped Storage Company Accelerating Expansion to Facilitate Decarbonization of Electric System and Economy
Quidnet Energy and Emissions Reduction Alberta partner to develop transformative energy storage resource
Project showcases technology that stores energy in water underground to compliment renewable energy projects.
Innovative Quidnet Energy Storage Technology Specifically Designed to Prevent Texas-Type Grid Failures
Company’s Modular Pumped Hydro Solution Highlighted This Week on 60 Minutes, Forbes and USA Today
Funding to Advance Energy Storage Technologies Like Quidnet’s Will Make Fully Renewable Grid Possible, says Modular Pumped Storage Company
Energy storage investments 2020: VC and equity firms put more than $500 million in these 25 battery startups
With U.S. energy storage growing a lot this year, and poised to accelerate next, conditions are fertile for VC investors to look for startup innovation.
Startups in energy storage, housing, transportation and agriculture could see boost under Biden plans
As President-elect Joe Biden readies his transition team and sets the agenda for his first 100 days in office, startups can expect to see some movement on long-stalled infrastructure initiatives that could mean big boosts to their business.
To batteries and beyond: In a high-renewables world, pumped hydro storage could be the 'heavy artillary'
Experts say pumped hydro is notoriously difficult to site. But as more renewables come online, the industry is eyeing new locations and fresh technologies.
Houston-based Quidnet Energy is combining conventional pumped hydroelectric storage technology with existing drilling technology to provide long-duration energy storage for utilities and renewable energy developers.
-Innovative clean energy company secures $10 million Series B financing and New York State-backed contract for demonstration project-
The year of living durationally — the holy grail of energy storage has always been low-cost and long-duration. Venture investors have started putting their money into novel, extended-duration storage technologies. JUNE 23, 2020 ERIC WESOFF
Many of us have tunnel vision on the subject of energy storage. We think lithium-ion batteries are the beginning, middle, and end of the discussion. Yet there are other types of storage solutions, many of which will begin to share the spotlight with lithium-ion batteries in 2020.
To get long-duration storage costs down to 5 cents per kilowatt-hour, research teams funded by ARPA-E are pursuing breakthroughs in flow batteries, hydrogen storage and other technologies—even thermovoltaics.
As renewable energy continues to proliferate, a gap in the market is appearing for long duration energy storage demand that lithium-ion, coal-plants and pumped hydro will not be able to satisfy.
It’s time to redirect government subsidies supporting solar and wind farms toward clean technologies that can’t yet compete on their own, according to Bill Gates. Does his idea make sense?
Quidnet Energy Inc., a developer of pumped water energy storage, has a regulatory problem few energy companies face: States aren’t sure how to regulate it.
Wind and solar power generation is expanding around the globe at record rates, allowing more people to get their electricity from clean, renewable sources than ever before. This is great news.
Carbon-based energy powers the world but it’s doing great damage to the environment. Fortunately, there are many start-ups working on different technologies to address different energy sectors so that one day we might be able to fully decarbonise energy. Here are some of the most exciting ones.
File this one under K for Karma. US coal power plants have spent the past few decades messing with the nation’s water resources, and now water is turning around and messing with coal.
Bill Gates-led $1 billion energy fund is expanding its portfolio of startups fighting climate change
It’s not often that the world’s richest people get together, agree on a goal that’s for the public good, and then set about finding ways to achieve it.
Backed by Bill Gates and Jeff Bezos, Breakthrough Energy Ventures places first bets on power storage
Quidnet Energy co-founder Aaron Mandell says this abandoned well at the Blue Mountain Geothermal Area in Nevada could store up to 30 megawatt-hours of electricity in the form of compressed water. (Aaron Mandell via Twitter)
Quidnet Energy is hoping to revolutionise energy storage with its underground pumped hydro concept, which uses abandoned oil and gas wells to store and release pressurised water, driving turbines and feeding electricity back into the grid. How does the concept work and how far could it go? Quidnet co-founder Aaron Mandell explains.
A startup company, Quidnet Energy, founded by Aaron Mandell and Howard Schmidt, has the potential to drastically lower the cost of energy storage.
In a field in Central Texas, Aaron Mandell and his crew are running pumping equipment to bring a former oil and gas well back to life.
With Hollywood seed funding, startup is testing abandoned oil and gas wells as grid-scale energy storage solution for wind and solar generation