Terrament was founded at the start of 2020 and has filed a patent application for our innovative approach to underground energy storage. We are now seeking angel investment and seed funding.
We are proud to have been selected to join the CEBIP accelerator program. CEBIP, the Clean Energy Business Incubator Program, is supported by Stony Brook University and the New York State Energy Research and Development Authority (NYSERDA).
Terrament's gravity storage design was inspired by a related technology called Underground Pumped Hydro Storage, or UPHS. In fact, the company was born out of a research project exploring the feasibility UPHS. By leveraging our UPHS research to spark discussions with industry experts and validate our market assumptions, we demonstrated that Terrament's concept was not just viable, it was urgently needed.