Energy storage startup inks 15-year deal with San Antonio’s CPS Energy
Houston-based energy-storage company Quidnet Energy is deploying its technology in a new project with San Antonio-based utility provider CPS Energy.
On March 7, Quidnet and CPS Energy announced a 15-year commercial agreement for an energy-storage project using Quidnet’s proprietary pumped-storage technology. The project will help support CPS Energy’s goals to reduce carbon emissions by 80% by 2040.
Quidnet Energy will begin the project by developing an initial 1 megawatt, 10-hour storage facility…
