WindStore Energy
CAES System in Wind Masts
Startup Pre-Funding Energy Tech Est. 2023
Total Raised
Undisclosed
Pre-Funding
Last Round
Undisclosed
1 rounds
Team
2
1-10 employees
Confidence
78/100
About
WindStore Energy is developing an energy storage system that integrates compressed air energy storage (CAES) within wind masts. This approach provides a low-cost, environmentally friendly long-duration energy storage (LDES) solution for the wind energy sector. With the global wind capacity currently at 900GW and projections indicating growth to 3TW installations by 2030, accompanied by a corresponding energy storage market of $435Bn, 358GW/1,028GWh, there is a pressing need for innovative storage solutions. By storing energy within the wind mast using CAES, WindStore's system offers a cost-effective method. This design means that any wind farm equipped with our technology has the potential to compete favorably with dispatchable fossil plants. Moreover, by leveraging the infrastructure of existing wind farms, the cost per kWh of storage can be significantly reduced. The conversion of traditionally non-dispatchable wind energy into a dispatchable source stands out as a primary benefit.
Classification
Sector
Climate TechEnergy TransitionEco-Efficient Energy StorageEnergy TechEnergy Management & Grid Integration
Target Customer
Energy, Utilities & Waste ManagementRenewable Energy Systems
Business Model
B2B
Tags
energy-storageenergytechclimate-tech
Funding & Events
Jan 2024
Non-equity Undisclosed
Details
Product Stage
Customer Development
Employees
1-10
Exact Count
1
Founded
2023
Registrar
516721875
Locations
Tel Mond, Israel
Links
Admin
Last Update
May 27, 2024
Verified by
Maor Perlov
Missing
sector, video or image, funding rounds, news, markets, external profiles, not claimed
Team (2)
Gad Hareli
Founder & CEO
Founder
Daniel Widerker
Co-founder & CTO
Founder
Internal
Created by
Maor Perlov (maor.perlov@sncentral.org)
Created
2023-08-31T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)