Nostromo Energy Partners with US Department of Energy for Climate and Cost Savings in California Buildings
Nostromo Energy Partners with US Department of Energy for Climate and Cost Savings in California Buildings
12/09/24, 10:13 PM
Location
Money
$306 million
Industry
renewable energy
energy
Type
partnership
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.