Pumped Hydro Storage Market - Top Companies and Manufacturers

Companies Dominating the Pumped Hydro Storage Landscape

Nevada Hydro Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
GE Renewable Energy
Siemens Energy
Enel SpA
Duke Energy Corporation
Voith GmbH & Co. KGaA
Genex Power Limited
Toshiba Energy System & Solutions Corporation
Greenko Energy
Eskom Holdings SOC Ltd.

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Pumped Hydro Storage Market Size Forecasts 2025-2037

In the News

GE Renewable Energy integrated all the units at 1.2 GW Jinzhai pumped hydro storage power plant in China. The Jinzhai pumped storage plant can conserve up to 120,000 tons of coal and reduce 240,000 tons of carbon dioxide emissions per year by acting as a sustainable gigantic energy storage system.
Greenko Group announced the investment of RS 10,000 crore to set up a pumped storage project (PSP) with a daily capacity of 11 GWh in Neemuch district, Madhya Pradesh, India. Over 4,000 people are expected to be employed as a result of this initiative.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of pumped hydro storage is assessed at USD 433.41 billion.

The pumped hydro storage market size was valued at USD 401.01 billion in 2024 and is expected to reach USD 1.4 trillion by 2037, registering around 10.1% CAGR during the forecast period i.e., between 2025-2037. Rising initiatives to increase the pumped hydro storage capacity and the growing technological developments will drive the market growth.

North America industry is set to dominate majority revenue share of 38% by 2037, impelled by rising production of electricity from pumped hydro storage in the region.

The major players in the market are Nevada Hydro Corporation, GE Renewable Energy, Siemens Energy, Enel SpA, Duke Energy Corporation, Voith GmbH & Co. KGaA, Genex Power Limited, Toshiba Energy System & Solutions Corporation, Greenko Energy, Eskom Holdings SOC Ltd.

Pumped Hydro Storage Market - Top Companies and Manufacturers

Companies Dominating the Pumped Hydro Storage Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the pumped hydro storage market worth?

Why is the demand for pumped hydro storage growing?

Which region dominated the majority of pumped hydro storage industry share?

Who are the top pumped hydro storage companies?