Torus, a full-stack energy platform offering storage, management, security, and generation solutions, on September 9 announced a $200-million investment by Magnetar, an alternative asset manager. The investment is expected to accelerate the deployment of Torus' proprietary modular power plants for utilities, data centers, and commercial and industrial customers across the U.S. Torus builds small, inertia-based hybrid energy systems that combine the power of mechanical flywheels with the duration of batteri ...

Torus, a provider of full-stack energy platforms offering storage, management, security, and generation solutions, has secured a $200m investment from Magnetar to expedite the rollout of its modular power plants. These plants are intended for utilities, data centres, and commercial and industrial clients throughout the US. The funding aims to enhance the deployment of the company’s modular power plants, which are small, inertia-based hybrid energy systems. These systems merge the power delivery of mecha ...