SGCC plans to set up five pumped storage plants (PSP) aggregating 6 GW at an investment of $5.66 billion. The plants will be located in the provinces of Jilin, Hebei, Shandong and Zhejiang, and the far west region of Xinjiang. They are expected to be completed by 2026. SGCC currently has 19.23 GW of pumped hydro storage capacity and 30.15 GW is under construction. The pumped storage plants will be used as reservoirs to store energy from the country’s growing renewable energy capacity.