UK utility SSE has put £100 million (US$123 million) into its Coire Glas pumped hydro project in Scotland for pre-construction activities, but said that new policy is needed for it go to final investment decision (FID).
Construction on a 550MW/6GWh pumped hydro energy storage project in Estonia will begin in summer 2024 after it was given the green light by regulators.
Prime Infrastructure Capital, owned by Filipino businessman Enrique K Razon, is in line to provide 500MW of pumped hydro power to national utility Meralco.
Australia’s first new large-scale pumped hydro energy storage (PHES) plant in nearly 40 years is being built in Queensland and the state’s government is now exploring options for more.