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Hydropower News

IPPToday #20: San Diego launches RFP for 500-MW hydro storage facility

IPPToday #20: San Diego launches RFP for 500-MW hydro storage facility

🕔Jul 20, 2017

The San Diego County Water Authority has issued a Request for Proposals (RFP) for a potential 500-megawatt pumped storage project at the San Vicente Reservoir site that could lessen upward pressure on water rates and also increase opportunities for renewable energy penetration throughout the region by leveraging existing infrastructure at San Vicente Reservoir.

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KGAL renewable energy fund raises EUR 255m

KGAL renewable energy fund raises EUR 255m

🕔Jul 19, 2017

KGAL has announced the first closing of its core plus European renewable fund ESPF 4. With €255 million (US$294 million) of committed equity, the Luxembourg-based SICAV-SIF vehicle has attracted large commitments from four major European institutional investors.

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Nigeria issues EOI for a hydropower plant concession

Nigeria issues EOI for a hydropower plant concession

🕔Jul 13, 2017

The government of Nigeria has issued a request for expressions of interest (EOI) for the operation and maintenance of a hydropower plant located in Kaduna State.

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CFM achieves first close on EM-focused renewables fund

CFM achieves first close on EM-focused renewables fund

🕔Jul 7, 2017

Climate Fund Managers (CFM) has announced the first close of Climate Investor One (CIO), at US$412 million.

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Hull Street Energy acquires hydro assets from Carlyle

Hull Street Energy acquires hydro assets from Carlyle

🕔Jul 6, 2017

A recently formed affiliate of Hull Street Energy, has completed the acquisition of 100% of the ownership interests in Nautilus Hydro, LLC ("Nautilus Hydro") from funds managed by affiliates of The Carlyle Group. 

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IPPToday #2: Argentina approves 1,310-MW Nestor Kirchner-Jorge Cepernic hydro complex

IPPToday #2: Argentina approves 1,310-MW Nestor Kirchner-Jorge Cepernic hydro complex

🕔Jun 21, 2017

Argentina’s Federal Energy Council has unanimous given the go-ahead for the development of the stalled 1,310-MW Nestor Kirchner–Jorge Cepernic hydropower complex planned for Santa Cruz River in Argentina.

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SK-E&C to develop 545-MW hydro project in Pakistan

SK-E&C to develop 545-MW hydro project in Pakistan

🕔Jun 12, 2017

Khyber Pakhtunkhwa's government (Pakistan) has decided to carry out the 545-MW Kaiga Hydro project at Kandia valley in Kohistan.

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DEWA awards hydroelectric consultancy contract to EDF

DEWA awards hydroelectric consultancy contract to EDF

🕔Jun 12, 2017

Dubai Electricity and Water Authority (DEWA) has awarded the AED58 million (US$15 million) consultancy contract for the pumped-storage hydroelectric power station at Hatta Dam to France’s EDF.

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Albania launches tender for a hydropower project

Albania launches tender for a hydropower project

🕔Jun 9, 2017

The government of Albania has launched the tender process for the development of an hydropower project on the Vjosa river under PPP scheme.

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650 MW Tamakoshi 3 hydropower plant in Nepal to be developed under PPP

650 MW Tamakoshi 3 hydropower plant in Nepal to be developed under PPP

🕔Jun 5, 2017

Investment Board Nepal (IBN) has announced it is considering to develop a hydropower project under a PPP model with a mix of domestic and international investments.

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Nepal awards the 1,200-MW Budhi Gandaki hydropower project

Nepal awards the 1,200-MW Budhi Gandaki hydropower project

🕔May 31, 2017

The Nepalese government has decided to award the contract to construct the Budhi Gandaki Hydroelectric Project to China Gezhouba Group Corporation (CGGC).

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North Sky closes two clean energy funds at US$300 MM

North Sky closes two clean energy funds at US$300 MM

🕔May 19, 2017

North Sky Capital has announced the closing of two investment funds at US$300 million.

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San Diego water board looking into pumped storage hydro

San Diego water board looking into pumped storage hydro

🕔May 16, 2017

The San Diego County Water Authority board of directors has authorized the Water Authority, in conjunction with the City of San Diego, to begin seeking detailed proposals for a potential energy storage facility at San Vicente Reservoir.

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Fortis to buy interest in a hydro project from Teck Resources

Fortis to buy interest in a hydro project from Teck Resources

🕔May 16, 2017

Fortis Inc.and Teck Resources Limited have announced an agreement under which Fortis will purchase Teck’s two-thirds interest in the Waneta Dam and related transmission assets in British Columbia, Canada, for CAD1.2 billion cash (US$878 million).

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Oslo to purchase Hafslund ASA for €730M

Oslo to purchase Hafslund ASA for €730M

🕔May 8, 2017

Fortum and the City of Oslo have entered into an agreement to restructure their ownership in Hafslund ASA, one of the largest listed power groups in the Nordic region.

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Great River buys 584-MW TransCanada‘s hydropower portfolio

Great River buys 584-MW TransCanada‘s hydropower portfolio

🕔May 3, 2017

ArcLight Capital Partners has announced that its affiliate, Great River Hydro, has closed its acquisition of TransCanada’s New England hydroelectric power portfolio.

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Eagle Creek acquires Reusens site in Virginia

Eagle Creek acquires Reusens site in Virginia

🕔Apr 27, 2017

Appalachian Power, a utility subsidiary of American Electric Power and Eagle Creek Renewable Energy, LLC have completed a transaction transferring ownership of the Reusens hydroelectric facility on the James River near Lynchburg to Eagle Creek. 

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Brazil to auction nearly 3 GW of hydropower plant concession rights

Brazil to auction nearly 3 GW of hydropower plant concession rights

🕔Apr 26, 2017

Later this year, concession rights for five hydropower projects will be auctioned by Brazil's Ministry of Mines and Energy

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U.S. company gets rights to develop 18-MW hydro project in Angola

U.S. company gets rights to develop 18-MW hydro project in Angola

🕔Apr 20, 2017

Dominovas Energy Corporation has announced that it has received from the Angolan Ministry of Energy and Water (MINEA) an invitation to secure the exclusive right to an 18 MW hydroelectric project.

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WAPDA awards 243-MW Warsak hydropower plant in Pakistan

WAPDA awards 243-MW Warsak hydropower plant in Pakistan

🕔Apr 20, 2017

The Pakistan Water and Power Development Authority (WAPDA) awarded the contract of consultancy services worth PKR868 million (US$8.23 million) through an international competitive bidding for 2nd Rehabilitation of Warsak Hydroelectric Power Station to a Joint Venture comprising four firms led by Dolsar from Turkey.

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