Quidnet Energy

Quidnet Energy is a technology-driven energy company with the slogan "Powering the Carbon-Free Electric Grid." Founded in 2013 and headquartered in the United States, the company is focused on developing an alternative approach to energy storage. Quidnet Energy's innovative solution involves storing water to deliver energy, utilizing a new form of sub-surface pumped hydro storage. This technology enables the large-scale deployment of renewable energy and facilitates the predictable, dispatchable delivery of power from intermittent renewable resources such as solar and wind. The company recently secured a significant $10.00M grant investment from ARPA-E on 22 November 2022. This investment highlights the potential of Quidnet Energy's energy system, which is widely deployable and seamlessly integrates with existing generating facilities. Quidnet Energy's focus on clean energy, energy efficiency, and energy storage situates it as an impactful player in the rapidly evolving energy industry, making it an attractive prospect for investors seeking opportunities in the renewable energy sector.