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Hydropower News

IPPToday #99: MIGA mulls 420 MW hydro project in Cameroon

IPPToday #99: MIGA mulls 420 MW hydro project in Cameroon

🕔Nov 15, 2017

Multilateral Investment Guarantee Agency (MIGA) is mulling providing a guarantee for EDF International’s 420 MW Nachtigal hydro project in Cameroon.

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Ayen Enerji & Fusha to develop 120 MW HPP in Albania

Ayen Enerji & Fusha to develop 120 MW HPP in Albania

🕔Nov 6, 2017

Ayen Enerji & Fusha, a Turkish-Albanian consortium, has won a contract for construction and operation of a 120 MW hydro power plant in Albania, with a 35-year concession period.

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IPPToday #92: DEWA launches RFEOI for 250 MW Hatta hydroelectric project

IPPToday #92: DEWA launches RFEOI for 250 MW Hatta hydroelectric project

🕔Nov 6, 2017

Dubai Electricity and Water Authority (DEWA) has launched a request for expression of interest (RFEOI) to develop the 250 MW Hatta hydroelectric project in Dubai.

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NIB financing helps NTE develop three hydropower projects in Norway

NIB financing helps NTE develop three hydropower projects in Norway

🕔Nov 3, 2017

Nord-Tronderlag Elektrisitetsverk Holding (NTE) has obtained a 15-year NOK 340 million (US$42.6 million) loan from the Nordic Investment Bank (NIB) to co-finance three hydropower projects in Norway.

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IPPToday #86: Argentina sells 117 bidding documents for RenovAr Round 2

IPPToday #86: Argentina sells 117 bidding documents for RenovAr Round 2

🕔Oct 26, 2017

The Ministry of Energy and Mining has opened the tender for Round 2 of the RenovAr Program in order to promote fulfillment of the targets imposed to achieve 8% participation of renewable energy sources in the electricity grid for December 2017, and 20% for 2025.

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Mega First secures US$150 million financing for 260 MW Don Sahong hydropower plant in Lao PDR

Mega First secures US$150 million financing for 260 MW Don Sahong hydropower plant in Lao PDR

🕔Oct 24, 2017

Mega First has entered into binding agreement with several financial institutions for a total of US$150-million financing for the the 260 MW Don Sahong hydropower project in Laos. 

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Fortum launches takeover for Uniper

Fortum launches takeover for Uniper

🕔Oct 5, 2017

Fortum is in advanced discussions with E.ON concerning E.ON's 46.65% stake in the Germany-based international energy company Uniper. In relation to these advanced discussions, certain questions are currently being clarified with the authorities by E.ON.

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IPPToday #67: Brazil awards nearly US$4B in hydropower auction

IPPToday #67: Brazil awards nearly US$4B in hydropower auction

🕔Sep 28, 2017

The Brazilian government has sold operating licenses for four hydroelectric dams with a total value of nearly US$4 billion.  

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Statkraft and Norfund swap hydropower shares

Statkraft and Norfund swap hydropower shares

🕔Sep 28, 2017

Statkraft and Norfund have closed an agreement to swap shares in their jointly owned international hydropower assets.

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IPPToday #64: Statkraft sells partially-completed 517 MW Cetin hydroelectric plant

IPPToday #64: Statkraft sells partially-completed 517 MW Cetin hydroelectric plant

🕔Sep 25, 2017

Statkraft, a Norwegian renewable energy operator, has sold its 517 MW Cetin hydroelectric plan located in Turkey to Limak Holding.

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Prothea acted as financial advisor in the JV agreement between Genera and IKAV to create a leading energy efficiency player in the Italian market

Prothea acted as financial advisor in the JV agreement between Genera and IKAV to create a leading energy efficiency player in the Italian market

🕔Sep 20, 2017

Genera Group Holdings, a group active in the fields of energy efficiency and production, engineering and real estate development,  has entered into a strategic Joint Venture with IKAV (Institut für Kapitalanlagen & Versicherungslösungen), a leading global green economy German fund with over €400 million of assets under management.

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China green-lights the creation of the worl's largest power company

China green-lights the creation of the worl's largest power company

🕔Sep 1, 2017

The Chinese government has approved the creation of the world’s largest power company. China has given green light to the merger of electricity producer China Guodian and coal company Shenhua Group.

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IPPToday #46: Feasibility study underway for 2-GW Aussie pumped hydro project

IPPToday #46: Feasibility study underway for 2-GW Aussie pumped hydro project

🕔Aug 29, 2017

The Australian Government has confirmed an agreement between the Australian Renewable Energy Agency (ARENA) and Snowy Hydro had been reached to drive planning for the construction of the project and insight for future pumped hydro projects into the future.

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IPPToday #41: Argentina launches 1.2 GW round 2 renewable auction

IPPToday #41: Argentina launches 1.2 GW round 2 renewable auction

🕔Aug 22, 2017

The Government of Argentina has launched the RenovAr Ronda 2 national auction, comprising 1,200 MW of renewable energy capacity.

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BC Hydro acquires additional interest in 480 MW Waneta Dam

BC Hydro acquires additional interest in 480 MW Waneta Dam

🕔Aug 10, 2017

BC Hydro has announced it plans to purchase the remaining two-third ownership interest in the Waneta Dam and Generating Station in Trail, B.C. from Teck Resources Limited (Teck) for CAD1.2 billion (US$945 million). The purchase is forecast to have a beneficial financial impact each year, helping to keep rates affordable for BC Hydro’s customers.

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La Caisse acquires a 17.3% interest in Boralex

La Caisse acquires a 17.3% interest in Boralex

🕔Aug 4, 2017

Boralex has announced that Caisse de dépôt et placement du Québec has acquired all of the Class A common shares of Boralex held by Cascades representing 17.3% of the outstanding shares for the amount of CAD287.5 million (US$228.4 million).

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IPPToday #27: Brazil tenders the termination of  4.25 GW of renewables

IPPToday #27: Brazil tenders the termination of 4.25 GW of renewables

🕔Jul 31, 2017

ANEEL, the Brazilian Electricity Regulatory Agency has announced an unusual tender aimed to eliminate part of the excess capacity that Brazil has at the moment. The auction involves the termination of 4,248.5 MW of wind, solar and hydropower projects.

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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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