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Nostromo Energy Partners with US Department of Energy for Climate and Cost Savings in California Buildings

Dec 09, 2024•over 1 year ago

Contract Type

partnership

CaliforniaEnergyRenewable Energy

Description

Nostromo Energy has secured a conditional commitment for a loan guarantee of up to $305.5 million from the U.S. Department of Energy's Loan Programs Office. This partnership aims to deploy IceBrick® thermal energy storage systems in 193 commercial buildings across California, reducing costs, emissions, and grid strain related to electricity for commercial cooling.

Company Information

Company

Nostromo Energy

Location

California, United States

About

Nostromo Energy is a provider of the IceBrick® system, a virtual power plant (VPP)-enabled thermal energy storage solution for commercial and industrial buildings.

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