New Storage Tech Will Elevate The Role Of Hydropower

New Storage Tech Will Elevate The Role Of Hydropower

New Storage Tech Will Elevate The Role Of Hydropower

As the world strives to meet net-zero emissions goals amid geopolitical and supply chain disruptions that threaten energy imports, emerging markets are turning to hydropower investment and storage to facilitate their energy transitions. In the latest sign of commitment to the world’s largest low-cost, low-carbon electricity source, India pledged $2.4bn in August 2022 to develop the West Seti and Seti River Hydropower Projects in Nepal, which have a combined capacity of 1.2 GW. Two Chinese companies had signed memoranda of understanding to…