Pumped Hydro

NSW budget delivers $50m to accelerate pumped hydro storage projects
NSW government locks in $50 million in recoverable grants to accelerate the construction of new pumped-hydro energy storage projects across the state.
Michael Mazengarb

Nov 17, 2020

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Snowy Hydro pumps up its numbers, but do they hold water?
Snowy Hydro is using unpublished negative price data to boost prospects of Snowy 2.0’s commercial success. But the claims raise more questions than answers.
Bruce Mountain

Oct 21, 2020

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Does New Zealand’s plan for a nation-sized battery hold water?
NZ Labour will fund a study on a stupendously large pumped hydro power station at Lake Onslow in the South Island. But is this the right way to go?
Ian Mason & Robert McLachlan

Oct 16, 2020

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NSW fast-tracks $1B Oven Mountain pumped-hydro project
NSW government fast-tracks planning approvals for 600MW Oven Mountain pumped hydro project with Critical State Significant Infrastructure designation.
Michael Mazengarb

Oct 12, 2020

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Snowy credit downgraded, would need new federal funds for any gas play
S&P downgrades Snowy Hydro, saying its debt would be rated “junk” without backing of federal government, and plans for new gas generator rely on more government money.
Giles Parkinson

Sep 29, 2020

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Storage

Genex says flagship pumped hydro project needs more time to lock in partners
Genex announces another delay to flagship Kidston pumped hydro storage project, as it works to lockdown project finance.
Michael Mazengarb

Sep 23, 2020

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Pumped Hydro

Snowy 2.0 rapidly turning into “$10 billion white elephant,” experts say
Open letter to the PM warns that Snowy 2.0 pumped hydro project will blow out to roughly double original cost estimates to around $10 billion.
Sophie Vorrath

Sep 18, 2020

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Storage

Genex sees Kidston hydro start this year, after software bug hits solar profits
Genex prepares to commence construction on Kidston pumped hydro project before year end, after solving a solar farm software bug that dented revenues.
Michael Mazengarb

Sep 1, 2020

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Pumped hydro projects left high and dry, still waiting for funding news
Pumped hydro proponents in South Australia still waiting for news of federal funding.
Giles Parkinson

Sep 1, 2020

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NSW Government

NSW to fund four new big battery projects as it readies to flick switch from coal
NSW backs four new big battery projects, and gives funding for another half dozen even bigger battery, pumped hydro and compressed air energy storage proposals.
Giles Parkinson

Aug 15, 2020

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Markets

Genex raises $28.3 million to fast-track Queensland big battery
Genex to fast track development of the Como big battery in Queeensland, after raising $28.3m in a new share offering.
Michael Mazengarb

Aug 10, 2020

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Genex plans big battery in Queensland, seals equity deal with J-Power
Genex announces plans for big battery at Rockhamption, and locks in share deal with J-Power as it seeks to finalise equity financing for its Kidston pumped hydro project.
Giles Parkinson

Aug 3, 2020

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