Hydropower

Huadian Guangdong signed a contract with Shaoguan 2400MW pumped storage

Seetao 2023-02-28 11:00
  • During the 14th Five-Year Plan period, China has approved a total of 43 projects for pumped storage power stations
  • Huadian Guangdong Company invested 13 billion yuan to build a pumped storage power station with a total installed capacity of 2400MW in two phases in Lechang City
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The construction of pumped storage power stations will further promote the green and sustainable development of the energy industry. A few days ago, Shaoguan Municipal People's Government and China Huadian Corporation Guangdong Branch held a signing ceremony for a strategic investment framework agreement.

According to the agreement, the two parties will build a new power system demonstration zone with new energy as the main body in Shaoguan, and conduct in-depth cooperation in pumped storage and electrochemical energy storage projects. Among them, Huadian Guangdong Company invested 13 billion yuan to build a pumped storage power station with a total installed capacity of 2,400MW in two phases in Lechang City. Combined with the resource conditions of upstream and downstream reservoirs, it practices the concept of green development and drives high-quality tourism and health care. Development, to help Shaoguan rural revitalization; use the existing land and multi-energy complementary resource advantages of the company's subsidiary Pingshi Power Plant to invest 1 billion yuan to build a large-scale energy storage power station.

During the 14th Five-Year Plan period, a total of 43 projects of pumped storage power stations have been approved, with a total installed capacity of 57.098 million kilowatts and a total investment of approximately 381.3 billion yuan. Among them, 11 power stations will be approved in 2021, with a total installed capacity of 13.8 million kilowatts and an investment of about 89.8 billion yuan. Since 2022, 32 power stations have been approved, with a total installed capacity of 43.298 million kilowatts and an investment of about 291.3 billion yuan. Editor/Xu Shengpeng