Baromar Overview
Baromar has developed a solution to store compressed air in large and rigid structures that are anchored to the seabed. The system utilizes hydrostatic pressure on the sea base and proven CAES technologies to create a storage system that is both economically and operationally efficient, setting it apart from other storage systems.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
New Seabed Batteries Could Provide Cheaper Energy Storage
Energy storage company BaroMar is testing a new grid-level energy storage system that uses water. The system, a compressed air energy storage (CAES) alternative, could provide a cheaper way to stabilize renewable energy over longer periods. The technology for CAES has been around for about 40 years and is a cost-effective way to store energy and ensure grid stability. BaroMars approach involves setting up plants near coastlines with access to deep water, replacing the high-pressure tanks used in traditional CAES with large concrete and steel tanks submerged in the sea. The company is preparing a pilot project in Cyprus with Jacobs.
InvestmentExpand
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Jacobs to Support BaroMar with Long-Duration Underwater Energy Storage Pilot
Jacobs has been appointed by BaroMar to develop the preliminary design for a first-of-its-kind underwater large-scale, long-duration energy storage pilot project off the coast of Cyprus. The project aims to demonstrate the practical application and scalability of new technology that is simple, efficient, cost-effective and environmentally friendly. The technology helps address the challenges of relying on intermittent renewable sources such as wind and solar and the significant capital costs of supporting infrastructure. The pilot project represents a significant advancement in BaroMars mission to address the growing demand for sustainable energy solutions in Europe and beyond.
Partners
growth-positive
BaroMar: El Sistema De Almacenamiento De Energía Submarino En Aire Comprimido Que Dicen Alcanza Una Eficiencia De Hasta El 70%
Israeli company BaroMar, in collaboration with Jacobs, is developing a large-scale, long-duration underwater energy storage system. The pilot project, located off the coast of Cyprus, aims to demonstrate the practical application and scalability of this new, environmentally friendly technology. The system is based on mature energy and marine technologies, combined with the hydrostatic pressure of seawater, which allows for reduced installation costs. The project aims to achieve a full cycle efficiency of up to 70%, making it a reliable solution for addressing the challenges posed by intermittent renewable sources, such as wind and solar energy.
PartnersExpand
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Ambiciózny projekt podmorskej batérie sa rozbieha: Pomôže BaroMar svetu prejsť na obnoviteľnú energiu?
BaroMar has partnered with Jacobs to develop a unique underwater battery concept. The battery, known as a Compressed Air Energy Storage (CAES) battery, would be placed at the bottom of the sea and use air to store energy. The battery is essentially a large concrete-steel tank filled with rocks to keep it submerged at depths of 200 to 700 meters. The tanks are located near a solar or wind power plant. When the plant produces excess energy, it is compressed into the tanks as air. The air is then released back into the system to power a generator when energy is needed. The first CAES tank design is planned to be located near the coast of Cyprus.
Partners
growth-positive
BaroMar : un système de stockage d'énergie sous-marin à air comprimé atteignant un rendement de 70 %
Israeli company BaroMar is planning to test a Compressed Air Energy Storage (CAES) system that could store excess energy from solar or wind farms in large underwater tanks. The system, developed in partnership with engineering firm Jacobs, is expected to have an efficiency of around 70%. BaroMar aims to produce low-cost energy with its CAES system by using inexpensive materials such as concrete and steel in the construction of the tanks. The company has signed a partnership with Jacobs for a pilot project in Cyprus.
PartnersExpand
| Sector | Energy Tech |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | A |
| Rounds | 1 |
| Investors | 0 |
Team Members
6
Employees: 1-10
Web & Social Links
| Website | www.baro-mar.com/ |
Locations
Kfar Monash, Israel
Photos & Videos
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