From pv magazine USA
The US DoE's Loan Programs Office (LPO) has announced a conditional commitment to IceBrick Energy Assets I, LLC, a subsidiary of Nostromo Energy, Inc., for a loan guarantee of up to $305.54 million to finance Project IceBrick, a VPP consisting of up to 193 cold thermal energy storage (TES) installations at commercial buildings across California.
The company’s patented IceBrick system is rectangular energy storage block with a 132 gallon volume. Project IceBrick is designed to provide customers with efficiency as a service by freezing a water-based solution during hours when electricity supply is at its most abundant and clean.
The IceBrick system stores and later uses the ice to support cooling of the building during hours of peak demand, when the power grid faces highest demand.
To continue reading, please visit our pv magazine USA website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.