A project to transform a mine into a renewable storage area is going forward in the US.

The project, developed by American energy company Eagle Mountain, aims to support renewable energy production and reduce greenhouse emissions.

It will save power generated from solar, wind and geothermal power plants and release it during times of peak demand to maintain grid stability, the company stated.

The Kaiser Eagle Mountain mine located in California, is expected to save up to 1,300MW of electricity – enough to power one million homes.

Doug Divine, CEO of Eagle Crest Energy said: “This project would save ratepayers money and help California meet its renewable energy goals in an environmentally friendly manner that protects water resources and wildlife, creates hundreds of jobs and infuses the local economy with millions of dollars.”

The company claims the programme will create hundreds of jobs.