Israeli startup develops PV-driven cooling system based on compressed air

Storage Drop has secured a grant from the European Union to develop its PV-driven cooling system technology for low temperature environments. The system is based on compressed air energy storage technology and a hydraulic isothermal compressor with a water pump that compresses the air in an isothermal process. Israel-based Storage Drop has secured a €1 million ($1. 09 million) grant from the European Union to develop a low-temperature cooling system, the company said in a recent statement to the Tel Aviv Stock Exchange. "The goal of the initiative is to develop a cooling system for low temperatures, ...

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