Australia’s first pumped hydro energy storage (PHES) system in 37 years is set to begin construction as Genex Power reaches financial close on its Kidston Stage 2 PHES project.
The $777 million project
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Two Pilbara mines to be powered solely by solar
The federal government will provide $24.2 million in funding and a $90 million loan for a project that will see daytime operations at two Pilbara iron ore mines powered entirely by solar power.
Alinta
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