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Home » Energy Storage » Rye Development Secures $12 Million for Kentucky Pumped Storage Hydropower Project
Energy Storage

Rye Development Secures $12 Million for Kentucky Pumped Storage Hydropower Project

By Matthew WrightOctober 24, 20242 Mins Read
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Rye Development Acquisition LLC has been awarded $12 million (approximately €11.1 million) by the US Department of Energy (DOE) for its proposed Lewis Ridge Pumped Storage project, which aims to establish a pumped storage hydropower facility with a capacity of up to 287 MW in Kentucky. The announcement was made on Tuesday. The funding, provided

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Acquisition Electricity Funding Hydropower Infrastructure Kentucky US Department of Energy
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Previous ArticleAxpo Holding AG Acquires Biogas Plant in Poland, Plans Further Developments
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