EirGrid assigned 7.2 GW of capacity in its latest auction, with 5.4 GW to come from gas power plants. The auction clearing price reached €83.050 ($90.554)/MW per year.
Karnataka Ltd. has started accepting bids to develop up to 1 GW of pumped hydro storage, while Assam Power Distribution has revealed plans to procure 200 MW of PV capacity.
Pumped hydro energy storage can be readily scaled to any required storage capacity at a known and affordable cost.
India’s Ministry of Power has released draft guidelines to support concessional climate finance and the use of exhausted coal mines as sites for pumped storage projects.
General Electric has switched on two more 300 MW pumped storage turbines at a 1.2 GW hydro battery complex in China’s Anhui province, after finalizing the facility’s first 600 MW unit in December. The project has completed a trial period and commercial operations are now fully underway.
Developer rPlus Hydro has submitted an application for a final license to the US Federal Energy Regulatory Commission for the Seminoe project– a milestone reached by only a few pumped storage projects over the last 20 years.
Energiasalv has secured a construction permit to build a 6 GWh pumped hydro storage plant in Paldiski. Work on the facility is planned to start in the summer of 2024.
General Electric said one of its subsidiaries has deployed two 300 MW pumped storage turbines at a 1.2 GW hydro battery complex in China’s Anhui province.
Greenko has won NTPC Renewable Energy’s tender for 3 GWh of energy storage capacity. Its pumped storage bid was the lowest in the tech-agnostic tender.
The developers behind a proposed AUD 5.5 billion ($3.7 billion) pumped hydro renewable energy project in Australia have announced a new partnership to pair 4.5 GW of long-duration energy storage with new renewables capacity and green hydrogen production.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.