MANAGEMENT

AGL gets rights to Kanmantoo pumped hydro plan

HILLGROVE Resources has entered into binding agreements to sell the right to develop, own and operate the a pumped hydro energy storage project at its Kanmantoo copper mine in South Australia to AGL Energy for $31 million.

An illustration showing how the Kanmantoo PHES could be laid out.

An illustration showing how the Kanmantoo PHES could be laid out.

The PHES is expected to have a 250 megawatt generating capacity and eight hours of storage. It will use the Kanmantoo Giant Pit as the lower pond and the upper pond will be located on land to the north...

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