CEFC to lend up to $1bn to Snowy to secure green power for Rio Tinto’s Tomago smelter

Australia’s green bank will write a loan of almost $1bn directly to Snowy Hydro in a departure from its funding habits that ...
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Snowy Hydro 2.0 will set 'new engineering standards'

Former Snowy Hydro chief executive Paul Broad praises the Snowy Hydro 2.0 project, referring to it as “phenomenal”. “This is a really good project. The engineering going into this project is ...

Tomago bailout could lock taxpayers into $300m annual subsidy

A complex deal to save Australia’s biggest aluminium smelter could cost at least $300 million a year in public funding for ...
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White elephant? Hardly – Snowy 2.0 will last 150 years and work with batteries to push out gas

Storing variable renewable energy for later use will keep electricity supply reliable. That’s where Snowy 2.0 and other planned large pumped hydro projects come in. Coupled with grid-scale batteries, ...
Bloomberg L.P.

Australian Government Strikes Battery Offtake Deal as Pumped Hydro Stalls

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 ...
PV Tech

Solar and pumped hydro energy storage projects deemed ‘critical’ in New South Wales, Australia

Other CSSI in NSW include the 2.2GW PHES power station Snowy 2.0 and Oven Mountain, a 600MW/7200MWh, billion-dollar energy storage project. Image: NSW government. The New South Wales (NSW) government ...