Following the recent purchase of the Kaiser Eagle Mountain mine by developer Eagle Crest Energy, the 1300 MW pumped storage hydroelectric project in California moves closer to completion. The current plan is to transform the old mine site into a pumped storage facility to store excess electricity generated by renewable energy. “This project would save ratepayers money and help California meet its renewable energy goals in an environmentally friendly manner that protects water resources and wildlife, creates hundreds of jobs and infuses the local economy with millions of dollars,” stated Eagle Crest Energy CEO Doug Divine.
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