CEFC strikes $125m deal with TransGrid to deliver new network infrastructure, helping to fund Snowy 2.0’s connection to the main grid.
CEFC chips in to help fund transmission links for Snowy 2.0
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.
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Snowy Hydro is using unpublished negative price data to boost prospects of Snowy 2.0’s commercial success.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.
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?
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.
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.
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.
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.
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.
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.
