Kochav Hayarden 340MW pumped-storage power plant project

Overview:

• Project company Star Pumped Storage (SPS) is developing a hydroelectric pumped-storage power plant in Kochav Hayarden in Israel after being awarded the project's NIS1.7 billion EPC contract.  
• The project comprises the building of two reservoirs of three meters squared each and the installation of turbines for both areas. 
• The projects's sponsors, which all have a share in SPS, are Tahal Water Planning for Israel, Hutchinson Water International Holding, and Triple R Energy. 
• Bank Hapoalim and Bank Leumi are providing financing for the project. 
• SPS has signed a agreement with a consortium of  Sinohydro Corporation and Alstom Hydro France to construct the power plant.
• GE Renewable has secured the 18 year operating and maintenance agreement attached to the project. 
• Construction is expected to take 52 months, accoidng to the sponsors.

Ben Naylor - Regional editor