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30 Nov
13:54

Snowy River 2.0 pumped-storage project gets financial boost

Australia’s Clean Energy Finance Corp is committing AUD 125 million ($92.26)m to help build grid infrastructure for a new 2 gigawatt pumped hydro storage project in New South Wales, Kallanish reports. The debt facility is the first major grid infrastructure investment by the government-backed agency and will help fund Snowy River 2.0. It will become Australia’s largest green energy project and the world’s largest pumped-storage plant when it is c…
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