EXCLUSIVE: A Sand Battery? DoE Picks These Firms For Revolutionary New Energy Storage
Portfolio Pulse from Vandana Singh
Homerun Resources Inc (HMRFF) and Babcock & Wilcox Enterprises Inc (BW) have signed a Cooperative Research and Development Agreement with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). The agreement is for a project that aims to use novel energy storage technology to upgrade Homerun’s silica sand while providing clean, reliable energy. The project supports Homerun’s goal of refining its silica sand for various industrial sectors and is designed to support an advanced energy solution in long-duration energy storage.
November 07, 2023 | 1:00 pm
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POSITIVE IMPACT
Babcock & Wilcox Enterprises is part of a project that aims to use novel energy storage technology. The project is designed to support an advanced energy solution in long-duration energy storage.
The partnership with NREL and Homerun Resources for the energy storage project could potentially enhance Babcock & Wilcox Enterprises' portfolio in the renewable energy sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Homerun Resources is part of a project that aims to use novel energy storage technology to upgrade its silica sand. This supports the company's goal of refining its silica sand for various industrial sectors.
The partnership with NREL and Babcock & Wilcox for the energy storage project could potentially enhance the value of Homerun Resources' silica sand, opening up new revenue streams for the company.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80