Renewable developer Scatec and energy group EDF have signed a binding agreement with the government of Malawi to develop a hydropower plant with 309MW/7,000MWh of pumped hydro energy storage.
Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh.
Prime Infrastructure Capital, owned by Filipino businessman Enrique K Razon, is in line to provide 500MW of pumped hydro power to national utility Meralco.
JSW Energy, part of Indian conglomerate JSW Group, has inked a memorandum of understanding with the Chhattisgarh government to build a 1GW pumped hydro storage project.