State Grid Corporation of China
In January 2019, the State Grid Corporation of China announced plans to invest US$5.7 billion in five pumped hydro storage plants with a total 6GW capacity, to be located in Hebei, Jilin, Zhejiang, Shandong provinces, and in Xinjiang Autonomous Region. China is seeking to build 40GW of pumped hydro capacity installed by 2020.