Houston, TX – According to filings with the U.S. Securities and Exchange Commission, Quidnet Energy is raising $13,999,996.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Joe Zhou played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Quidnet Energy

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.

To learn more about Quidnet Energy, visit http://www.quidnetenergy.com/

Contact:
Joe Zhou, Chief Executive Officer
833-784-3638
https://www.linkedin.com/in/jdzhou/

SOURCE: http://www.intelligence360.io
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