Articles from Energy Dome

Energy Dome, a leading provider of innovative capacity solutions for AI infrastructure, and New Era Energy & Digital, Inc. (NUAI), a developer and operator of next-generation digital infrastructure and integrated power assets, today announced the signing of a Memorandum of Understanding (MOU) to deploy Energy Dome’s CO2 Battery Plus technology at NUAI’s Texas Critical Data Centers (TCDC) site, located in Odessa.

Energy Dome, a pioneering company setting the benchmark for long-duration energy storage, has announced a global commercial partnership with Google using Energy Dome’s CO2 Battery technology to enable carbon-free energy for the grids that power Google’s operations. Alongside the commercial agreement, Google has made a strategic investment in Energy Dome.

NTPC Ltd., India's largest integrated power generation company, has announced the launch of its first CO2 battery energy storage project - a significant milestone in its journey towards sustainable and innovative energy solutions. The project shall be executed on a Turnkey basis by M/s. Triveni Turbine Limited along with their technology partner M/s. Energy Dome.

As part of the global transition from research to commercial deployment of cleantech technologies, Energy Dome, a visionary long-duration energy storage (LDES) technology company, and ENGIE a global reference in low-carbon energy and services, have signed an offtake agreement for the first full-scale CO2 Battery developed by Energy Dome in Ottana, Sardinia, Italy.

Energy Dome, a leader in long-duration energy storage solutions, announces a landmark advancement in its commercial-scale deployment in the US market through a signed supply contract for the Columbia Energy Storage Project with Alliant Energy.

Today, at COP28, Energy Dome has announced funding commitments for its first CO2-based and innovative thermo-mechanical energy storage system to be located in Sardinia, Italy. Funding will be in the form of a project-level grant commitment of up to €35,000,000 from Breakthrough Energy Catalyst and €25,000,000 Venture Debt financing commitment from the European Investment Bank, both subject to the satisfaction of funding conditions. The funds are being made available through the EU–Breakthrough Energy Catalyst partnership.

A groundbreaking development in sustainable energy storage is on the horizon for Columbia County, Wisconsin, U.S., spearheaded by Alliant Energy in collaboration with Energy Dome and other key stakeholders. Alliant Energy has just announced its selection to receive a federal grant of up to approximately $30 million from the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) for the pioneering Columbia Energy Storage Project, a proposed 200-megawatt hour energy storage system, based on Energy Dome’s signature technology: the CO2 Battery™.

Energy Dome, the company behind the CO2 Battery™, the innovative long-duration energy storage solution, today announced the close of its second tranche of Series B funding, bringing the overall round to a total of EUR 55 million (USD 60M). The EUR 40 million first tranche of the Series B round closed in April 2023; it was co led by Eni Next, the corporate venture capital arm of Eni, and Neva SGR, the venture capital arm of Intesa Sanpaolo. Other investors that joined the first round included Japan Energy Fund, Barclays’ Sustainable Impact Capital, CDP Venture Capital, 360 Capital, Novum Capital Partners, Gruppo Brixia and Elemental Excelerator.

Energy Dome, the company behind the CO2 Battery™, the innovative long-duration energy storage solution, today announced it has closed a 40 million euro (circa $44 million) Series B funding round.

Energy Dome, the company behind the CO2 Battery, a disruptive long-duration energy storage solution, today announced it has been awarded €17.5 million in funding from the European Innovation Council (EIC), the largest amount made available by the program.

Energy Dome announced today a memorandum of understanding (MoU) with Ørsted, the global leader in offshore wind and a market-leading renewable energy company, to run a feasibility study on the deployment of a 20 MW / 200 MWh energy storage facility using Energy Dome’s CO2 Battery technology at one or more Ørsted sites.

Energy Dome, a leading provider of utility-scale long-duration energy storage solutions, today announced the successful closing of an $11 million bridge funding round.

Energy Dome, a leading provider of utility-scale long-duration energy storage, today announced the successful launch of its first CO2 Battery facility in Sardinia, Italy. This milestone marks the final de-risking of the CO2 Battery technology as Energy Dome enters the commercial scaling phase, becoming the first commercial long-duration energy storage technology on the market offering a reliable alternative to fossil fuels for dispatchable baseload power globally.

Energy Dome today announced it has been named a winner in the Bloomberg New Energy Finance (BNEF) Pioneers 2022 technology competition, which identifies the most impactful and original technology innovations for advancing the low-carbon economy. Energy Dome is the first Italian company to win this prestigious competition. BNEF recognized Energy Dome for its development and commercialization of the CO2 Battery long-duration energy storage technology, under the category “providing round-the-clock zero-emissions power."

Energy Dome, a global provider of long-duration energy storage solutions that enable renewable energy to be dispatchable, and Ansaldo Energia, a leading international power OEM and service provider, signed a non-exclusive license agreement to partner on the commercialization of long-duration energy storage facilities across the EMEA region that will support greater integration and use of renewable energy on the grid. This partnership will help accelerate the transition away from fossil fuel power toward renewable energy to meet climate goals.

Energy Dome, an Italian energy storage technology company founded in 2019, today announced the close of its $11M Series A fundraise. The company will use the proceeds to complete the construction of its CO2 Battery demonstration project in Sardinia, Italy, and to accelerate the growth of the business.