China’s GCL Group has launched the construction of a 2.4 GWh pumped hydro storage plant located in the Linchang Town of Jiande City, Zhejiang Province, China.
The GCL Pumped Storage Power Station is at the power consumption center of Zhejiang and close to Shanghai. With a total investment of around CNY12.5 billion (US$1.76 billion), the project is expected to commence power generation before 2030. Once completed, the power station will feature 6 reversible water turbine generator units with a power of 400 MW each. It is expected to generate an average annual electricity output of 2.52 TWh.
The main rationale for investing in building the Jiande pumped storage power station is to respond to the call to optimize and adjust the national energy structure. Upon completion and starting operations, the power station will become the largest pumped storage power station in East China.
China Huadian Corporation Ltd. (CHD) has inaugurated a 120 MW solar photovoltaic (PV) project in Tibet. The installation is located at Nagqu, which is roughly 4,500 m above sea level.
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China General Nuclear Power Corporation (CGN) has connected the 900 MW Shanwei Jiazi offshore wind project, located around 25 km off the coast of Shanwei, Guangdong province, southern China.
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ESR Group Limited has partnered with the Export-Import Bank of China for the closing of the US$1 billion China-ASEAN Investment Cooperation Fund (CAF II).
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Sungrow, teaming up with Huanghe Hydropower Development, has announced the grid connection of China’s largest solar-plus-storage project
Read moreJinkoSolar Holding Co., Ltd., one of the largest and innovative solar module manufacturers in the world, announced on Friday, November 29, that it has supplied 300MW of its high energy density Tiger panels for an ultra-high voltage demonstration plant in Qinghai Province, China.
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