The pumped storage facility industry primarily involves the storage of energy in a grid system, enabling power supply during peak demand periods. These companies offer energy solutions that leverage the performance of various forms of renewable energy like solar, wind, and hydroelectric power. With an increased global focus on sustainability and reducing carbon emissions, the industry is progressively moving towards innovative and efficient storage technologies. By facilitating the integration of renewable energy into the grid, these companies contribute significantly to energy stability and play a transformative role in the power sector's future.


Top 26 Pumped Storage Facility Companies

1. Gridflex Energy, LLC

Gridflex Energy, LLC is a leading originator of new pumped storage hydropower projects - the best-established, most economical form of long-duration grid storage available. Gridflex is currently developing a portfolio of pumped storage hydroelectric projects, with a combined capacity exceeding 3,000 megawatts. We specialize in the integration of wind and solar resources with bulk storage with the goal of enhancing renewable energy project viability and competitiveness.


2. Fichtner Consulting Engineers Ltd

  • Website: fichtner.co.uk
  • Headquarters: Stockport, Cheshire, United Kingdom
  • Founded: 1991
  • Headcount: 51-200
  • LinkedIn

Fichtner Consulting Engineers is a trusted, independent, and innovative technical advisor specializing in renewable energy projects, including solar, wind, geothermal, and emerging technologies. They act as Owner's Engineer to secure grant funding for electric vehicle charging infrastructure and provide market-leading technical advice in the EV sector.


3. FirstLight Power

FirstLight Power is a leading clean power producer, developer, and energy storage company serving North America. With a diversified portfolio of renewable energy and energy storage technologies, they specialize in hybrid solutions that pair hydroelectric, pumped-hydro storage, utility-scale solar, large-scale battery, and offshore wind assets. Their mission is to accelerate the decarbonization of the electric grid and deliver a clean, reliable, affordable, and equitable electric system.


4. CBK Power Company Limited

CBK Power Company Limited is a hydroelectric power company based in Southeast Asia. It operates the only pumped storage facility in the Philippines. The company focuses on promoting individual responsibility towards proper waste segregation and environmental management.


5. Daybreak Power

Daybreak Power is an early-stage developer of pumped storage hydropower facilities, the most cost-effective technology for storing large amounts of electricity generated by wind and solar power plants. Large-scale energy storage is the key to delivering renewable energy around-the-clock, 365 days a year. Energy storage is the link that will create a 100 percent clean, carbon-free economy. Daybreak Power was founded with the goal of building that clean-energy economy by 2050. That is our mission, and that is our passion. We invite you to learn more about our business and what we are doing to achieve our company motto: “Make It Happen!”


6. REESSA Consulting

Consultant Company for Hydro Pumped Storage and Energy Storage Systems


7. Goldendale Energy Storage Project

Goldendale Energy Storage LLC is a company owned by Copenhagen Infrastructure Partners, which focuses on greenfield and renewable energy projects. The company is involved in locally-based, new, low-impact hydro-powered energy generation and energy storage projects in the USA, particularly in the Pacific Northwest region.


8. French Development Enterprises, LLC

  • Website: fdepower.com
  • Headquarters: North Billerica, Massachusetts, United States
  • Headcount: 11-50
  • LinkedIn

Renewable Energy Solutions FRENCH DEVELOPMENT ENTERPRISES, LLC NORTH BILLERICA, MA Look into the future of Hydropower Industry French Development Enterprises, LLC (FDE) is advancing civil water infrastructure industries in the United States and Canada by developing innovative technologies for the next-generation hydro electric dams, modular power house facilities, pump storage civil structures, reservoir and water control systems, retrofit of existing high hazard dams and modular aquatic animal passage systems. French Development Enterprises introduces modular precast concrete scalable technology means and methods for construction & retrofit of hydro and water control systems. FDE owns exclusive IP rights to all of North America regarding civil water infrastructure solutions. The “French Dam” is a patented (US8414223B2 US9103084B2) next generation Precast Modular Construction and Retrofit technology for building new and refurbishment of existing small and medium head hydro electric and water control dams. French Development Enterprises, LLC has patents in the United States and Canada. Patents pending in, Brazil and 40+ European Countries.


9. Axpo Group

  • Website: axpo.com
  • Headquarters: Baden, Mazowieckie, Switzerland
  • Founded: 2001
  • Headcount: 5001-10000
  • Latest funding type: Debt Financing
  • LinkedIn

Axpo is a company offering expert solutions in the energy sector. They provide a wide range of services such as electricity production, trading, and consulting. With a focus on sustainable energy, Axpo is committed to driving innovation and delivering reliable and efficient energy solutions to their customers.


10. Verbund

VERBUND AG is an energy company based in Vienna, Austria. They specialize in electricity generation, power trading, electricity transport, and electricity sales. With a focus on hydropower and renewable energy sources, VERBUND aims to provide clean and sustainable electricity to both industrial and private customers.


11. Innergex

  • Website: innergex.com
  • Headquarters: Longueuil (Qc), Québec, Canada
  • Founded: 1990
  • Headcount: 201-500
  • Latest funding type: Post Ipo Equity
  • LinkedIn

Innergex is a renewable energy company that is committed to building a better world with renewable energy. They own interests in operating facilities, projects under development, and prospective projects in Canada, the USA, France, and Chile. With a diverse portfolio of renewable energies, including hydroelectric, wind, and solar facilities, Innergex is focused on fighting climate change and creating a prosperous future for all.


12. Greenko Group

  • Website: greenkogroup.com
  • Headquarters: Hyderabad, Telangana, India
  • Founded: 2006
  • Headcount: 1001-5000
  • Latest funding type: Debt Financing
  • LinkedIn

Greenko Group is a diversified energy generation company that offers solar power, wind power, and hydro power solutions. They provide an intelligent energy platform that delivers 24/7 carbon-free energy. With a commitment to achieving net zero by 2040, Greenko manages climate risks and practices circular economic and nature conservation efforts.


13. Young Energy Services

Young Energy Services, LLC (YES) is a full-service consulting firm specializing in the Environmental Review and Permitting of Renewable Energy Projects, including Hydro, Wind, Solar, Geothermal, and Biomass. YES Staff and Associates are experienced in the Siting, Permitting, and Licensing of Energy Related Projects throughout the United States and Canada, as well as the Review of Energy Projects around the World. YES has Strategically Selected Staff who have provided High Quality, Cost-Effective, Environmental and Engineering Energy Services, including the Management and Execution of an Engineering and Environmental Support Contract with the Federal Energy Regulatory Commission (FERC): Office of Energy Projects. YES focuses on FERC Licensing and on the Shoreline and Recreation Management of Hydroelectric Projects licensed by the FERC. YES Staff and Associates have a Special Expertise and Interest in Pumped Storage Hydroelectric Projects, because as more Renewable Forms of Energy are introduced in to the grid of the United States, Storage Capacity needs to be increased to satisfy this growth. Current Energy Research predicts revenue from the Installed Energy Storage for the grid and ancillary services of the United States to expand from approximately $700 Million in 2014 to over $15 Billion by 2024.


14. Terna Energy

  • Website: terna-energy.com
  • Headquarters: Athens, Attiki, Greece
  • Founded: 1997
  • Headcount: 501-1000
  • Latest funding type: Ipo
  • LinkedIn

Terna Energy is a clean energy company that has been producing clean energy and implementing innovative projects for over 20 years. They contribute to sustainable development and have a strong portfolio of projects in Greece and abroad.


15. Brookfield Renewable U.S.

Brookfield Renewable U.S. is a leading owner, operator, and developer of renewable power solutions. With a diversified portfolio of solar, wind, storage, and hydropower facilities, the company drives value through industry-leading innovation and decades of experience. Brookfield Renewable offers retail energy products to commercial and industrial customers, helping them achieve their renewable energy goals with simple contracts and affordable rates.


16. Department of Green Energy Inc.

Department of Green Energy is a website that seems to have random articles and news related to renewable energy sources. It does not appear to have any clear offering or operations as a business.


17. Lochard Energy

Lochard Energy is Australia's largest provider of energy storage services, offering innovative solutions for safe, reliable, and cost-effective energy delivery. They specialize in providing a large capacity of 'swing gas' to the East Coast market and are dedicated to supporting the transition towards a clean energy future.


18. ARES North America

Advanced Rail Energy Storage (ARES), is a Santa Barbara, California based company, providing a deployable solution for grid-scale energy storage. ARES mission is to enable the electric grid to integrate unprecedented amounts of clean, environmentally responsible, renewable energy while maintaining the reliable electric service necessary to power growth and prosperity. Since it's founding in February 2010, ARES has developed and filed both domestic and international patents for an advanced method of utility-scale electrical storage. ARES facilities are designed to: provide grid security and reliability support the increased use of renewable technologies, and to provide an energy storage solution that does not rely on water. ARES technology will soon be synonymous with energy independence.


19. Mine Storage

Mine Storage is a Swedish grid-scale energy storage company that utilizes decommissioned mines to store electrical energy. They offer a closed-loop solution using pumped hydro-power technology in an underground setting, providing a sustainable and proven method for energy storage. Their innovative approach enables the transition from fossil-based energy to renewables, supporting the reduction of CO2 emissions. Mine Storage is committed to understanding and meeting the need for grid-scale energy storage in the energy system.


20. Genex Power

  • Website: genexpower.com.au
  • Headquarters: Sydney, Nsw, Australia
  • Founded: 2015
  • Headcount: 11-50
  • Latest funding type: Post Ipo Debt
  • LinkedIn

Genex Power is an ASX-listed company focused on developing a portfolio of renewable energy generation and storage projects across Australia. They are committed to providing responsible stewardship of natural resources and believe in preserving, protecting, and remediating the natural environment. Their flagship project, the Kidston Pumped Storage Hydro Project, acts as a giant water battery and will be operated by EnergyAustralia under an Energy Storage Services Agreement.


21. Rye Development

Rye Development is an energy company focused on improving and expanding hydropower to achieve renewable energy goals. They aim to give old dams new life and spark an energy boom. With expertise in hydropower generation, they operate projects that can produce consistent energy day and night.


22. International Hydropower Association (IHA)

Hydropower.org is the official website of the International Hydropower Association (IHA), a non-profit membership organization. It serves as the global voice for sustainable hydropower and aims to advance the development of hydropower technology. The website provides information on the history, types, and worldwide exploration of hydropower, as well as resources, publications, and tools for the sustainable hydropower community.


23. Carbon Solutions LLC

Carbon Solutions LLC is a company specializing in solving low-carbon energy challenges. They offer award-winning software and services for CO₂ capture and storage (CCS), direct air capture, energy storage, geothermal-wind-solar-bioenergy, and the hydrogen economy.


24. Alpheus

ALPHEUS is a €5m project focused on improving reversible pump/turbine (RPT) technology and adjacent civil structures needed to make pumped hydro storage economically viable in shallow seas and coastal environments with flat topography.


25. Quidnet Energy

  • Website: quidnetenergy.com
  • Headquarters: Houston, Texas, United States
  • Founded: 2013
  • Headcount: 1-10
  • Latest funding type: Grant
  • LinkedIn

Quidnet Energy is a technology-driven energy company powering the carbon-free electric grid. The company is developing an alternative approach to energy storage by storing water to deliver energy. This new form of sub-surface pumped hydro storage enables large-scale deployment of renewable energy and allows for predictable, dispatchable delivery of power from intermittent renewable energy resources such as solar and wind. Quidnet’s energy system is widely deployable and integrates seamlessly with existing generating facilities.


26. SENS Sustainable Energy Solutions

  • Website: sens.se
  • Headquarters: Stockholm, Stockholms Lan, Sweden
  • Founded: 2016
  • Headcount: 11-50
  • LinkedIn

SENS is a Swedish sustainable energy solutions company that offers technical energy consulting services to energy and real estate companies. The company designs and develops energy systems that provide heating and cooling to property owners, developers, and energy companies. SENS is focused on scalable sustainable energy storage and has a project portfolio of potential investments for energy optimization.


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