..
Hangzhou will build five large-scale pumped storage projects to ensure electricity supply in western mountainous areas
en.hangzhou.com.cn   2022-06-24 15:34   Source:Daily Business

Hangzhou will build five pumped storage projects, with a total capacity of 7.4 million kVA and a total investment of over 40 billion yuan, by 2030, as the reporter learned from State Grid Hangzhou Power Supply Company yesterday.  

These projects will not only make contributions to carbon peak and carbon neutrality and fill in the blank of Hangzhou in respect of pumped storage projects, but will also stimulate the investment, tourism, employment and so on in mountainous areas, and comprehensively promote common prosperity through construction of new infrastructures.

It is reported that efforts have been made to promote faster construction of five pumped storage projects. Upon the completion of projects, the annual income from power generation will reach 7.5 billion yuan based on the current pumped storage price, indicating the high investment efficiency for the economic development of western mountainous areas. 

Author:Correspondent: Luo Zhen, Fu Cenying, Ye Genfu Reporter: Yan Jiawei  Editor:Li Jiameng
Back