Monday, June 1, 2026

Where You See a Depleted Oil Well, Quidnet Sees Green Energy Storage

With Hollywood seed funding, startup is testing abandoned oil and gas wells as grid-scale energy storage solution for wind and solar generation “Our goal is to get to a cost point that’s potentially lower by a factor of about ten times than the batteries that you read about in the popular media, especially from companies like Tesla,” Aaron Mandell, Quidnet