Two years ago, Snowy Hydro announced a reset for its troubled Snowy 2.0 giant pumped hydro project amid cost blowouts. The supposed final cost was A$12 billion. Last week, Snowy Hydro acknowledged ...
Australia’s multibillion-dollar plan to turn its tallest mountain range into a giant pumped-hydro battery faces new roadblocks due to mounting costs and missed productivity targets. Snowy Hydro 2.0 ...
Australia’s Snowy Hydro Ltd. has struck a deal to use a battery being developed by a Blackrock Inc.-backed portfolio company, in an effort to manage growing volatility as the country shifts to more ...