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China's State Grid to Spend $5.7 Billion on Pumped Hydro Plants

Source: 
RenewableEnergyWorld.com

State Grid Corp. of China, the dominant electricity distributor in the world’s biggest energy consumer, will invest 38.7 billion yuan ($5.7 billion) to build five pumped hydro storage plants as part of the nation’s efforts to ease idled solar and wind power capacity....

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