The Santiago project would comprise eight power generation units, with 304.10 MW Francis-type turbines and would require US$3bn of private investments for a total budget of US$6.7bn.

China aims to boost its pumped storage capacity to 62 GW by 2025 and 120 GW by the end of the decade.

The facility will plug into an electrical grid that relies on hydropower and is 90% carbon-free,

India aims to reach a non-fossil energy capacity of 500 GW by 2030.

The global power market is experiencing rapid power demand growth as markets recover from the pandemic.

As per the recently released, World Energy Outlook 2021, IEA forecasts that’s India's power demand is slated to nearly treble to 5000 TWh by 2050, let primarily by renewable sources of energy.

The World Bank has awarded a US$380m loan to build the 1,040 MW Upper Cisokan pumped-storage hydropower plant, to be located between Jakarta and Bandung in Indonesia.

China has unveiled a plan to expand its pumped-storage hydropower capacity to 62 GW in 2025 and 120 GW in 2030.

Together, every one of these solutions will contribute to what’s being called the smart grid of the future.

China Three Gorges Power Corporation (CTGPC) has started to produce power from the first two 1 GW units of the 16 GW Baihetan hydropower plant on the Jinsha River, the upper section of the Yangtze, between the borders of the southwest provinces of Yunnan and Sichuan (China).