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Corre Energy
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Corre Energy

https://corre.energy/
Last activity: 24.01.2023
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Categories: DevelopmentEnergyTechFacilityIndustryITProductProductionSecuritySocietyStorage
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.
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Location: Netherlands, Groningen
Employees: 11-50
Total raised: $11.7M
Founded date: 2018

Funding Rounds 1

DateSeriesAmountInvestors
26.05.2022-$11.7M-

Mentions in press and media 3

DateTitleDescription
24.01.2023Startup of the Week: Corre Energy0 shares Share Tweet Pin LinkedIn Corre Energy develops Long Duration Energy Storage (LDES) projects and products. It stores renewable energy at scale to enable a secure, flexible and affordable green energy system. The startup helps to...
26.05.2022Dutch-based Corre Energy raises €10.9M as Europe tries to reduce dependence on Russian fossil fuelsNetherlands-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...
09.06.2021Italian EIB backed fund makes long-term strategic investment into Corre EnergyItalian 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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