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Corre Energy (www.corre.energy) is a European company (listed in Dublin, headquartered in the Netherlands) that is at the forefront of developing and operating Long Duration Energy Storage projects and products. These projects unlock the value of renewables by combining hydrogen production with long duration, flexible energy storage, thereby supporting Europe’s net zero decarbonisation goals, increasing Europe’s energy security and facilitating the energy transition.
Our first storage projects, both Compressed Air Energy Storage schemes, are located in the Netherlands and Denmark and our ambition is to develop additional schemes in the Netherlands, Denmark and Germany. All of our European projects are designated within the European Union’s 10-year network development plan (TYNDP).
In Denmark, we are a partner in the Green Hydrogen Hub alongside Eurowind Energy and state-owned Gas Storage Denmark. The consortium aims to establish one of the world’s largest green hydrogen production plants and combine it with underground hydrogen storage. The Hub will comprise an electrolysis plant, hydrogen storage and several industrial hydrogen consumers including our CAES facility.
With deployment of LDES in Europe (and globally), Corre Energy will accelerate the energy transition and help enable a decarbonised world, giving society increased security of energy supply as well as energy that is clean and affordable.
Our first storage projects, both Compressed Air Energy Storage schemes, are located in the Netherlands and Denmark and our ambition is to develop additional schemes in the Netherlands, Denmark and Germany. All of our European projects are designated within the European Union’s 10-year network development plan (TYNDP).
In Denmark, we are a partner in the Green Hydrogen Hub alongside Eurowind Energy and state-owned Gas Storage Denmark. The consortium aims to establish one of the world’s largest green hydrogen production plants and combine it with underground hydrogen storage. The Hub will comprise an electrolysis plant, hydrogen storage and several industrial hydrogen consumers including our CAES facility.
With deployment of LDES in Europe (and globally), Corre Energy will accelerate the energy transition and help enable a decarbonised world, giving society increased security of energy supply as well as energy that is clean and affordable.
Overview
Location
Netherlands, Groningen
Employees
11-50
Total raised
$11.7M
Founded date
2018
Funding Rounds 1
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Mentions in press and media 3
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| May 26, 2022 | Dutch-based Corre Energy raises €10.9M as Europe tries to reduce dependence on Russian fossil fuels | Netherlands-based Corre Energy, a company that develops, builds and operates grid-scale underground energy storage, announced on Wednesday that it has raised €10.88M as part of a share placement. The Dutch company develops and operates Long... |
| Jun 9, 2021 | Italian EIB backed fund makes long-term strategic investment into Corre Energy | Italian EIB backed fund makes long-term strategic investment into Corre Energy Wed, Jun 09, 2021 13:15 CET 9 June 2021 Corre Energy BV (“Corre Energy” or “the company”) and Italian Energy Efficiency Fund II (“IEEF”) managed by Fondo Italian... |
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FAQ about Corre Energy
When was Corre Energy founded?
Corre Energy was founded in 2018.
How much funding has Corre Energy raised?
Corre Energy has raised $11.7M in total across 1 funding round.
What has the press written about Corre Energy?
Parsers VC has collected 3 articles mentioning Corre Energy, among them “Dutch-based Corre Energy raises €10.9M as Europe tries to reduce dependence on Russian fossil fuels” (May 26, 2022) and “Italian EIB backed fund makes long-term strategic investment into Corre Energy” (Jun 9, 2021).
Is Corre Energy still active?
Yes, Corre Energy is active; its latest activity on Parsers VC dates from Jan 24, 2023.