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Pumped Hydro

Japan’s J-Power launches new Genex takeover bid

After receiving an initial takeover bid last month, Australian renewable power generation and energy storage developer Genex Power has received a revised acquisition offer from Japanese energy company and anchor investor J-Power.

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EDF to drive development of 3 GWh pumped hydro project

The Australian arm of French energy giant EDF Group has acquired and agreed to co-develop the proposed 300 MW / 3 GWh Dungowan pumped hydro energy storage project being progressed in the New South Wales New England region.

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Turnbull lands deal for pumped hydro projects in Upper Hunter

Former Australia prime minister Malcolm Turnbull has been awarded a contract to develop two large-scale pumped hydro projects on water reservoirs owned by the New South Wales government in the Hunter Valley.

ACEN to boost Australian renewables projects with new investment

Philippines-based energy company ACEN Corporation plans to bolster its renewable energy initiatives in Australia after sealing a $75 million green term loan facility that will help fund the delivery of an 8 GW portfolio of solar, wind, battery storage and pumped hydro projects.

Florence machine resumes tunnelling on Snowy 2.0 pumped hydro project

Tunnelling has restarted on a troubled section of the largest renewable energy project under construction in Australia after the New South Wales government issued new environmental approvals to Snowy Hydro.

EnergyAustralia pushes ahead with 335 MW pumped hydro project

EnergyAustralia has released the concept design for a 335 MW pumped hydro energy storage and generation project it plans to develop at Lake Lyell near Lithgow in central western New South Wales.

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Queensland Hydro heads underground with 48 GWh pumped hydro project

The Queensland government’s proposed 2 GW/48 GWh Borumba pumped hydro energy storage project continues to power ahead with a call for expressions of interest for underground works.

Queensland launches early works on 2 GW pumped hydro project

One of Queensland’s largest clean energy projects has reached a new milestone with exploratory works and detailed site investigations commencing for the proposed 2 GW Borumba Dam pumped hydro project being developed near Gympie in the state’s southeast.

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BHP signs renewable PPA for Queensland coal mines

Australia’s biggest coal miner has inked a major renewable energy deal that will utilise solar, wind and pumped hydro to provide about half the forecasted electricity demand of its central Queensland operations.

Snowy Hydro plans contract reset amid $12 billion cost blowout

Snowy Hydro has revealed the budget for the Snowy 2.0 project has blown out to $12 billion (USD 7.8 billion) and the giant pumped hydro storage project is now expected to commence operations seven years later than originally scheduled.

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