Deals Counterparts

Baker Hughes and Hydrostor partner to accelerate advanced hydrogen energy storage systems development and deployment

Partnership Hydrogen announced Australia Mar 13, 2026
1.4 GW
Capacity
development
Stage

Baker Hughes will supply up to 1.4 GW of advanced hydrogen energy storage technology and services to Hydrostor, accelerating the development and deployment of long-duration storage solutions. This collaboration leverages Baker Hughes.

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Deal Analysis

Baker Hughes will supply up to 1.4 GW of advanced hydrogen energy storage technology and services to Hydrostor, accelerating long-duration storage development in North America and Australia. This supply agreement provides Baker Hughes a substantial channel for its advanced hydrogen solutions, securing early market penetration for its energy technology offerings. Hydrostor, in turn, gains access to significant hydrogen storage capacity, positioning itself for large-scale energy infrastructure projects. The undisclosed value suggests a strategic, long-term commitment from both parties, with Baker Hughes aiming to deploy its developing hydrogen technology. This partnership, announced on 2026-03-13, focuses on the development stage of these systems. Baker Hughes, an energy technology company with solutions for oilfield services and equipment, is expanding its portfolio into advanced hydrogen energy storage through this 1.4 GW supply deal. This move diversifies its technology deployment beyond traditional energy sectors. Hydrostor, a product line of Prinsco, Inc., currently provides high-performance stormwater chambers for commercial developments. Its commitment to 1.4 GW of hydrogen storage technology from Baker Hughes indicates a substantial strategic pivot or expansion into large-scale energy infrastructure, moving beyond its established stormwater management business. The partnership targets development-stage projects across North America and Australia.
  • Baker Hughes will supply 1.4 GW of advanced hydrogen energy storage technology.
  • Hydrostor, a provider of stormwater chambers, is developing 1.4 GW of hydrogen storage capacity.
  • The partnership targets development-stage projects in North America and Australia.
  • The value of the 2026-03-13 announced deal remains undisclosed.
  • Baker Hughes, known for oilfield services, is expanding into hydrogen energy storage.

Source Intelligence

KEY DETAILS

Baker Hughes will supply equipment and technical solutions, including compressors, expanders, motors, and generator systems, for Hydrostor's Advanced Compressed Air Energy Storage (A-CAES) platform. Quote: "Under the terms of the agreement, Baker Hughes will supply equipment and technical solutions that will be integrated into Hydrostor’s advanced compressed air energy storage systems. Among these sophisticated technologies are compressors, expanders, motors, and generator systems, which all permit large-scale energy storage infrastructure." The partnership builds on a past investment by Baker Hughes in Hydrostor in 2019. Quote: "Interestingly, the two entities have achieved success in their past projects starting in 2019, when Baker Hughes first invested in Hydrostor."

Capacity
According to reports, the agreement includes potential equipment orders of up to 1.4 gigawatts of power generation and compression capacity for Hydrostor’s projects that are currently under construction.
Location
Among the regions where Hydrostor’s storage projects are already being planned are North America and Australia.
PARTIES MENTIONED IN SOURCE
B
Baker Hughes partner

"Reputable energy technology company Baker Hughes has strengthened its collaboration with veteran energy storage developer Hydrostor."

B
Baker Hughes seller

"Under the terms of the agreement, Baker Hughes will supply equipment and technical solutions that will be integrated into Hydrostor’s advanced compressed air energy storage systems."

H
Hydrostor partner

"Reputable energy technology company Baker Hughes has strengthened its collaboration with veteran energy storage developer Hydrostor."

H
Hydrostor developer

"Reputable energy technology company Baker Hughes has strengthened its collaboration with veteran energy storage developer Hydrostor."

medium quality Enriched Mar 13, 2026

Timeline

Announced
Mar 13, 2026
Signed
Closed

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