Nostromo Energy

With nearly 60% of the state’s electricity generated from solar, wind, and geothermal energy, California is well past the halfway mark to its goal of 100% renewable power generation by 2045. But this comes with major challenges, both financial and environmental. Mainly, generating adequate electricity during the hours when the sun is not shining is […]

Nostromo Energy, provider of the IceBrick thermal energy storage (TES) technology, said the company has received a conditional commitment for a loan guarantee of up to $305.5 million from the U.S. Dept. of Energy’s (DOE) Loan Programs Office (LPO). The proposed financing would be used by Nostromo for Project IceBrick, the first wide-scale deployment of […]