120GW of Hydroelectric Storage by 2030 in China

China unveils ambitious plan to pump 120 MW of hydroelectric storage by 2030 to boost use of renewable energy.|China unveils ambitious plan to pump 120 MW of hydroelectric storage by 2030 to boost use of renewable energy.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

China aims to develop pumped hydroelectric storage by 2035.
The country unveils an ambitious plan for more than 120 GW by 2030.

China boosts renewable energy development

This Thursday, September 9, 2021, China publishes a plan setting out measures to develop its pumped hydro storage system by 2035.
With the aim of boostingrenewable energy consumption and ensuring stable grid operation.
The country aims to launch over 62 GW of pumped hydro storage by 2025 and 120 GW by 2030.
All the while establishing globally competitive companies.
That they use advanced technologies as industry leaders by 2035 declares the National Energy Administration (NEA).
China is also preparing for the closure of 40,000 hydroelectric power plants.
The country is seeking to limit the scattering of small and medium-sized hydropower plants.
This is in response to the serious risk of a shortage of water capacity in China.

The French Energy Regulatory Commission introduces a temporary prudential control on gas and electricity suppliers through a “guichet à blanc” opening in December, pending the transposition of European rules.
Equans Process Solutions brings together its expertise to support highly technical industrial sectors with an integrated offer covering the entire project lifecycle in France and abroad.
Zenith Energy centres its strategy on a $572.65mn ICSID claim against Tunisia, an Italian solar portfolio and uranium permits, amid financial strain and reliance on capital markets.
Ivanhoe Mines expects a 67% increase in electricity consumption at its copper mine in DRC, supported by new hydroelectric, solar and imported supply sources.
Q ENERGY France and the Association of Rural Mayors of France have entered a strategic partnership to develop local electrification and support France's energy sovereignty through rural territories.
ACWA Power, Badeel and SAPCO have secured $8.2bn in financing to develop seven solar and wind power plants with a combined capacity of 15 GW in Saudi Arabia, under the national programme overseen by the Ministry of Energy.
Hydro-Québec reports a 29% increase in net income over nine months in 2025, supported by a profitable export strategy and financial gains from an asset sale.
The Carney–Smith agreement launches a new pipeline to Asia, removes oil and gas emission caps, and initiates reform of the Pacific north coast tanker ban.
The gradual exit from CfD contracts is turning stable assets into infrastructures exposed to higher volatility, challenging expected returns and traditional financing models for the renewable sector.
The Canadian government introduces major legislative changes to the Energy Efficiency Act to support its national strategy and adapt to the realities of digital commerce.
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
Antin Infrastructure Partners is preparing to sell Idex in early 2026, with four North American funds competing for a strategic asset in the European district heating market.
EDF could sell up to 100% of its US renewables unit, valued at nearly €4bn ($4.35bn), to focus on French nuclear projects amid rising debt and growing political uncertainty in the United States.
Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.
The Ghanaian government is implementing a reform of its energy system focused on increasing the use of local natural gas, aiming to reduce electricity production costs and limit the sector's financial imbalance.
Norsk Hydro plans to shut down five extrusion plants in Europe in 2026, impacting 730 employees, as part of a restructuring aimed at improving profitability in a pressured market.
The City of Paris has awarded Dalkia the concession for its urban heating network, a €15bn contract, ousting long-time operator Engie after a five-year process.
On the 50th anniversary of its independence, Suriname announced a national roadmap including major public investment to develop its offshore oil reserves.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.