The pumped storage power station in Zhejiang is not only a major project requiring intensive technology and capital, but also a critical measure in transforming the energy structure and promoting green, low-carbon development, said Zhu Gongshan, chairman of GCL Group.
A view of the booth of GCL during an expo in Shanghai. [Photo provided to China Daily] Full-scale construction has begun on East China''s largest pumped storage power station, with power generation scheduled to start before 2030, said its operator GCL Energy Technology Co Ltd.
The project in Zhejiang province entails a total investment of about 12.5 billion yuan ($1.76 billion), and is the largest clean energy project invested by GCL Energy Technology.
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