Australian state backs 20 GWh pumped hydro project

The Queensland government in Austrakia is set to invest AUD 50 million ($31. 8 million) into a pumped hydro project with an energy storage capacity of up to 20 GWh as it works to develop a new five-year energy roadmap that is to be delivered by the end of 2025. From pv magazine Australia The Queensland government has announced it will invest AUD 50 million via state-owned energy generator and retailer CleanCo into the proposed Mt Rawdon pumped hydro project to help progress the development toward a final investment decision. The project - a 50:50 joint venture between gold miner Evolution Mining ...

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