BUSINESSApr 15 · 08:21 UTCBLOOMBERGJohn Liu, Kathy Chen

China’s State Grid Pledges $4.5 Billion for Pumped Hydro in 2026

China’s State Grid has pledged $4.5 billion to develop pumped hydro projects in 2026. The investment focuses on expanding renewable energy infrastructure through high-tension power lines in Shanghai.

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State GridorganizationPumped HydrotopicShanghaiplace$4.5 Billionfinancial2026date

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