Arconic has announced its receipt of a portion of the proceeds from the sale of the Yadkin Hydroelectric Project to Cube Hydro Carolinas by Alcoa Power Generating Inc., a subsidiary of Alcoa Corporation.
Korea Midland Power Co. (KOMIPO) has signed a joint development agreement (JDA) for the development of the Sipborpa Hydropower Project in Jakarta.
Karot Power, which includes China Three Gorges-subsidiary Three Gorges South Asia Investment and Associated Technologies of Pakistan, has achieved financial close for the 720 MW Karot Hydroelectric project.
A new hydro power plant with a capacity of 24.9 MW will be built on Turgusun river in the East Kazakhstan region and financial backing from the Development Bank of Kazakhstan will assist in the construction.
Dubai Electricity and Water Authority (Dewa) call for bids for the provision of engineering consultancy services for a pumped-storage hydro project in Hatt and a total of 12 bids have been placed in response.
The Cabinet Committee on Economic Affairs chaired by Hon’ble Prime Minister of India, Sh Narendra Modi has approved the investment proposal for 900 MW Arun –III Hydro Electric Project in Nepal.
The Inter-American Investment Corporation (IIC) has signed a US$78 million financing package with Hidronormandia S.A. to support the construction and operation of a run-of-the-river hydropower plant and transmission line in Ecuador.
NMB Bank Ltd has successfully executed the financial closure of Upper Solu Khola Hydropower Project which has an installed capacity of 18 MW.
IFC, a member of the World Bank Group, has arranged a landmark US$140 million financing package for the Vorotan Hydropower Cascade, one of Armenia’s main power generating facilities, to bolster the country’s supply of clean energy.
FirstEnergy Corp. has announced it has entered into an agreement to sell four competitive natural gas generating plants in Pennsylvania and its competitive portion of a Virginia hydroelectric power station to a subsidiary of LS Power Equity Partners III, LP, of New York.
Governor Andrew M. Cuomo has announced US$360 million in awards for 11 large-scale renewable energy projects in New York State (US).
The World Bank has given the Khyber-Pakhtunkwa government a positive response for funding three hydropower projects totaling 179 MW.
The Governent of Pakistan has announced the financial close of the Suki Kinari hydropower project, which is the first hydro IPP under China-Pakistan Economic Corridor (CPEC) framework.
Spain's Ministry of Industry, Energy and Tourism has opened a public consultation for a proposal for 3GW auction for new renewable energy capacity in the country.
A group of banks has agreed to finance about US$23.7 million for the 10 MW Langtang Khola hydropower project in the Himalaya region of Nepal.
The Enel Group and the Brazilian Development Bank (BNDES), the main financing agency for development in Brazil, have signed a 20-year term loan agreement worth around BRL373 million (US$115 million) that will cover part of the investment required to build the 102 MW Apiacas hydropower cluster, which is located in the state of Mato Grosso in Brazil’s Central-West Region.
Boralex Inc. has closed financing for the Yellow Falls hydroelectric project in Ontario for CAD74.3 million (US$54.9 million).
Spain's Ministry of Industry, Energy and Tourism has announced that the country is to hold a 3-GW renewable energy auction in the first half of 2017.
The Board of Directors of the African Development Bank has approved a financing package of US$100 million, comprising US$80 million loan and US$20 million equity for the rehabilitation of the Kainji and Jebba hydro plants to increase available capacity from the current available capacity of 917 MW to installed capacity of 1,338.4 MW.
InfraCo Asia Development Pte. Ltd., part of the Private Infrastructure Development Group (PIDG), has announced the signing of two separate Joint Investment and Development Agreements (JIDA), Subscription Agreements (SSA), Shareholders Agreements (SHA) with Virtuaal Infrapower.