European Investment Bank has committed €108 million to upgrades at a pumped hydro energy storage (PHES) project in Extremadura, Spain.

The Queensland government has announced plans to release a five-year Energy Roadmap and transferred oversight of a 20GWh PHES project.

Gilkes Energy has been awarded planning consent for its Earba Pumped Storage Hydro (PSH) scheme.

State-owned company WaterNSW has confirmed it is exploring opportunities to implement pumped hydro energy storage (PHES) across 41 of its dams in New South Wales, Australia.

NSW’s BESS pipeline, PHES in Tasmania and the ‘home of utility-scale storage’ were discussed at the Energy Storage Summit Australia 2025.

AGL Energy has submitted a 3,200MWh PHES project in New South Wales to the Australian government’s EPBC Act.

Queensland Hydro is set to progress the development of its 48GWh Borumba site despite government concerns about its viability in Australia.

The cancellation of the 5GW/120GWh Pioneer-Burdekin Pumped Hydro Project in Queensland, Australia, has seen power price forecasts jump by over 60% for 2035.

The provincial government of Ontario, Canada, has begun pre-development work on a 1GW/11GWh pumped hydro energy storage (PHES) project.

Engineering group Gamuda and infrastructure developer Ferrovial have been signed up in an early contractor involvement (ECI) deal for a 12GWh pumped hydro energy storage (PHES) project being developed in Queensland.