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Bloomberg Markets

China’s State Grid Pledges $4.5 Billion for Pumped Hydro in 2026

China’s State Grid Pledges $4.5 Billion for Pumped Hydro in 2026
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China’s largest grid operator has pledged to spend 31 billion yuan ($4.5 billion) on pumped hydro storage this year, in support of the company’s plan to lift total capacity by more than 70% by the end of the decade.

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Bloomberg Markets

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