Quidnet Energy Announces 300MW Strategic Partnership and $10M Investment from Hunt Energy Network

May 22, 2024

Quidnet Energy, a pioneer in long-duration energy storage solutions, today announced a strategic partnership with a $10 million investment from Hunt Energy Network (HEN), a leader in energy storage and part of an affiliation of companies with experience in subsurface development. The two Texas-based companies will collaborate on a build-transfer program for 300 MW of storage projects utilizing Quidnet Energy's (Quidnet) innovative Geomechanical Energy Storage (GES) technology in the Electric Reliability Council of Texas (ERCOT) grid operating region.