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Stanwell Acquires Major QLD Pumped Hydro Project
Oct 7, 2024
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Joint Venture to Develop Cressbrook Pumped Hydro
Stanwell has teamed up with a global pumped hydro operator to acquire the Cressbrook Pumped Hydro Energy Storage (PHES) Project, located at Lake Cressbrook, just north-east of Toowoomba. The 400MW facility will generate clean energy for up to ten hours, positioning itself as a crucial player in Queensland’s renewable energy future.
