Work begins on $1.76b power station

East China's largest pumped storage facility highlights new energy push

Full-scale construction has begun on East China's largest pumped storage power station, with power generation scheduled to start before 2030, said its operator GCL Energy Technology Co Ltd.

The project in Zhejiang province entails a total investment of about 12.5 billion yuan ($1.76 billion), and is the largest clean energy project invested by GCL Energy Technology.

It is expected to further advance the development of the clean energy industry in East China, driving local economic development while ensuring the stable operation of the new power system in the country, it said.