Underground LDES: turning mines and caverns into energy storage
This episode of Energy Technology considers how repurposed mines and salt caverns can provide long duration energy storage.
14 August 2026
14 August 2026
This episode of Energy Technology considers how repurposed mines and salt caverns can provide long duration energy storage.
EBITDA for the quarter fell 18% year-on-year to DKr5.4bn, compared with DKr6.6bn a year earlier.
Once operational, the factory will deliver over 40GW of equipment annually.
The projects have secured backing through a portfolio financing package that involves 14 international and domestic lenders.
The funding includes approximately $484m in debt financing, arranged by Mitsubishi UFJ Financial Group and Nord/LB.
EBITDA for the quarter fell 18% year-on-year to DKr5.4bn, compared with DKr6.6bn a year earlier.
Once operational, the factory will deliver over 40GW of equipment annually.
The projects have secured backing through a portfolio financing package that involves 14 international and domestic lenders.
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