Pumped Hydro Storage (PHS)

NEOM aims to create the world’s first 100% renewable energy system, underpinning demand for long-term energy storage. PHS will be the first of several PHS facilities at NEOM


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Investment Highlights

  • Expected investment size of 3 Bn USD
  • Installed capacity  – 2.2 GW
  • Generation max power – 2.1 GW
  • Storage capacity – 23.1 GWh
  • Location: NEOM

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