October 01, 2024 14:19 GMT
POWER: Iberdrola Receives Greenlight for 440MW Pumped Storage Plant
POWER
Iberdrola received the environmental greenlight for the construction of a 440MW hydro pumped storage power plant in western Spain according to RenewablesNow.
- The new plant will be using two existing reservoirs on the Tagus river.
- The project, Alcantara II, will add a new pumping station and underground tunnels to connect the low-level reservoir Cedillo and the higher-level Alcantara.
- The project was awarded a state grant of €44.9mn by Spain’s IDEA.
- Iberdrola did not disclose a timeline for the project yet.
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