Australian developer secures funding to speed up 2 GWh pumped hydro project
Australian renewables developer Genex Power has signed agreements with Japanese utility J-Power for a multimillion-dollar funding package that will support the delivery of its 2 GWh pumped hydro project in Queensland Australia, and the development of the 2 GW Bulli Creek solar and battery project.
A snapshot of Spanish solar as election looms
A poor showing by the ruling, left-of-center Spanish Socialist Workers’ Party in May’s regional and local elections prompted Prime Minister Pedro Sánchez to call a snap national election for Sunday, July 23. With the vote looming, solar industry insider Kjetil Torper considers the state of Spanish solar.
India’s NHPC to develop 2 GW of pumped storage, 1 GW of solar
Indian state-owned hydropower producer NHPC and Grid Corp. of Odisha (GRIDCO) have agreed to develop 2 GW of pumped storage and 1 GW of solar energy projects.
NHDC to build 525 MW pumped storage project in India
Narmada Hydroelectric Development Corp. Ltd. (NHDC) will construct a pumped storage power project to meet peak-hour energy demand in the Indian state of Madhya Pradesh.
World’s largest pumped hydro storage project secures key contracts
The Queensland government has awarded two key contracts for what it says will be the largest pumped hydro energy project in the world, with the proposed 5 GW/120 GWh Pioneer-Burdekin pumped hydro energy storage system to form a cornerstone of the Australian state’s energy transition.
Pumped hydro storage development surging in India
Torrent Power has signed a deal with the Maharashtra state government in India to set up 5.7 GW of pumped hydro storage capacity, while NHPC, a state-owned hydropower producer, is actively exploring pumped storage projects across multiple states in the country.
Indian utility launches 13.8 GW pumped storage tender
Rewa Ultra Mega Solar has launched a tender to allocate sites to develop 13.8 GW of cumulative pumped hydro storage capacity in the Indian state of Madhya Pradesh. Prospective developers must submit their bids by July 4.
EnBW builds pumped hydro storage facility in Germany
German power utility EnBW says its new pumped hydro storage project will require an investment of €280 million ($304.9 million). It is scheduled for completion by the end of 2027.
Gran Canaria moves forward with 200 MW pumped hydro project
The authorities on the Spanish island of Gran Canaria have decided to resume work on a 200 MW pumped hydro project after they determined that cavities and canals in a water reservoir are not archeologically significant.
Ignitis Group expands pumped hydro facility in Lithuania
Ignitis Group says it will increase the capacity of the 900 MW Kruonis Pumped Storage Plant by another 110 MW. It notes that the expansion project will be finalized by the end of 2026.
