Gaelectric gains €8.3 million EU funding for CAES project

Irish energy storage firm Gaelectric has been awarded an additional €8.28 million in European Union (EU) funding for its compressed air energy storage (CAES) project in Northern Ireland. The funding comes from the EU’s Connecting Europe Facility (CEF). Gaelectric’s 330MW CAES project, near the port town of Larne in Northern Ireland, will store energy in […]

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