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China's State Grid to Invest $4.5 Billion in Pumped Hydro Storage by 2026

Primul articol: 15 apr. 2026, 11:21 | Ultima actualizare: 15 apr. 2026, 11:21 | 1 sursa | 1 articol
#china#hydrostorage#renewableenergy#cleantech

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China's State Grid, a major state-owned utility company, has announced a significant investment of $4.5 billion in pumped hydro storage projects. This investment, slated for completion by 2026, underscores China's commitment to expanding its renewable energy infrastructure and improving grid stability. Pumped hydro storage is a crucial technology for integrating intermittent renewable sources like solar and wind power into the grid.

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China’s State Grid Pledges $4.5 Billion for Pumped Hydro in 2026 Foto: Bloomberg
Bloomberg English John Liu, Kathy Chen 15 apr. 2026, 11:21 (acum 2 zile)

China’s State Grid Pledges $4.5 Billion for Pumped Hydro in 2026

China’s largest grid operator has pledged to spend 31 billion yuan ($4.5 billion) on pumped hydro storage this year, in support of the company’s plan to lift total capacity by more than 70% by the end of the decade.

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