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.

AGL gets rights to Kanmantoo pumped hydro plan AGL gets rights to Kanmantoo pumped hydro plan AGL gets rights to Kanmantoo pumped hydro plan AGL gets rights to Kanmantoo pumped hydro plan AGL gets rights to Kanmantoo pumped hydro plan

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.