Insights

Strategic expansions Hydrostor has active and announced long-duration energy storage projects in Ontario, California, and New South Wales, with recent facility expansions in Greater Napanee and Kern County. This indicates growing demand for utility-scale A-CAES solutions and presents cross-border selling opportunities to utility operators, project developers, and EPC partners in North America, Australia, and Europe.

Financing traction Backing from Goldman Sachs Asset Management and the Canada Pension Plan, plus new funding from the Canada Growth Fund, signals strong financial credibility and potential readiness for large-scale project financing and joint venture opportunities. targeting investment partners, lenders, and government-backed programs could unlock faster project development.

Public utilities focus A successful contracted project with the Independent Electricity System Operator (IESO) demonstrates traction with major grid operators. There is a clear opening to pursue additional energy storage service agreements, capacity contracts, and ancillary services with IESO, California ISO, and similar utilities worldwide seeking long-duration storage to stabilize grids.

Technology moat Hydrostor’s patented compressed air and water storage technology differentiates it from conventional batteries. This positions the company for RFPs emphasizing long-duration, high-capacity energy storage with lifecycle and fuel-diversity benefits, appealing to utilities and system operators targeting reliability and decarbonization at scale.

Global pipeline An extensive early-stage project pipeline across North America, Australia, and Europe, plus international offices, suggests opportunities for multi-region contracts, technology licensing, and strategic partnerships. Sales teams should prioritize regional market entry plans, local partnerships, and regulatory readiness to convert opportunities into signed deals.

Hydrostor Tech Stack

Hydrostor uses 8 technology products and services including Modbus, EtherNet/IP, Google Fonts API, and more. Explore Hydrostor's tech stack below.

  • Modbus
    Communications Technology
  • EtherNet/IP
    Communications Technology
  • Google Fonts API
    Font Scripts
  • particles.js
    Javascript Graphics
  • Microsoft Office
    Office Suites
  • PHP
    Programming Languages
  • UniPhi
    Project Management
  • Google Tag Manager
    Tag Management

Media & News

Hydrostor's Email Address Formats

Hydrostor uses at least 1 format(s):
Hydrostor Email FormatsExamplePercentage
First.Last@hydrostor.caJohn.Doe@hydrostor.ca
95%
First@hydrostor.caJohn@hydrostor.ca
3%
First.Middle@hydrostor.caJohn.Michael@hydrostor.ca
2%

Frequently Asked Questions

What is Hydrostor's official website and social media links?

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Hydrostor's official website is hydrostor.ca and has social profiles on LinkedInCrunchbase.

What is Hydrostor's NAICS code?

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Hydrostor's NAICS code is 2211 - Electric Power Generation, Transmission and Distribution.

How many employees does Hydrostor have currently?

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As of July 2026, Hydrostor has approximately 138 employees across 5 continents, including North AmericaOceaniaEurope. Key team members include Chief People Officer: S. S.Chief Commercial Officer: J. C.Chief Financial Officer: B. S.. Explore Hydrostor's employee directory with LeadIQ.

What industry does Hydrostor belong to?

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Hydrostor operates in the Renewable Energy Power Generation industry.

What technology does Hydrostor use?

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Hydrostor's tech stack includes ModbusEtherNet/IPGoogle Fonts APIparticles.jsMicrosoft OfficePHPUniPhiGoogle Tag Manager.

What is Hydrostor's email format?

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Hydrostor's email format typically follows the pattern of First.Last@hydrostor.ca. Find more Hydrostor email formats with LeadIQ.

How much funding has Hydrostor raised to date?

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As of July 2026, Hydrostor has raised $2.3B in funding. The last funding round occurred on Feb 25, 2026 for $55M.

When was Hydrostor founded?

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Hydrostor was founded in 2010.
Hydrostor logo

Hydrostor

Renewable Energy Power GenerationOntario, Canada51-200 Employees

Hydrostor is a renewable energy power generation company that develops and operates long-duration energy storage systems. Its technology uses compressed air and water to store energy, enabling eight hours or more of storage for power grids. It has a commercially contracted utility-scale facility with the Independent Electricity System Operator in Goderich, Ontario, and two advanced projects under development in Kern County, California and New South Wales, Australia, along with an extensive early-stage pipeline in North America, Australia and Europe. Founded in 2010, Hydrostor is headquartered at 333 Bay Street, Toronto, Ontario, M5H 2R2, Canada, and maintains offices in Melbourne, Australia, and Sacramento, USA; it employs 51-200 people. The company is backed by Goldman Sachs Asset Management, the Canada Pension Plan (CPP), and other institutional investors, and financial figures in the data indicate revenue in the low tens of millions with funding around $55 million.

Section iconCompany Overview

NAICS Code
2211 - Electric Power Generation, Transmission and Distribution
Founded
2010
Employees
51-200

Section iconFunding & Financials

  • $2.3B

    Hydrostor has raised a total of $2.3B of funding over 14 rounds. Their latest funding round was raised on Feb 25, 2026 in the amount of $55Mas a corporate_round.

  • $10M$25M

    Hydrostor's revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $2.3B

    Hydrostor has raised a total of $2.3B of funding over 14 rounds. Their latest funding round was raised on Feb 25, 2026 in the amount of $55Mas a corporate_round.

  • $10M$25M

    Hydrostor's revenue is estimated to be in the range of $10M$25M

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