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Hydropower News

Arconic sells 210-MW Yadkin hydropower project

Arconic sells 210-MW Yadkin hydropower project

🕔Mar 23, 2017

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.

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KOMIPO to develop north Sumatra hydro power project

KOMIPO to develop north Sumatra hydro power project

🕔Mar 23, 2017

Korea Midland Power Co. (KOMIPO) has signed a joint development agreement (JDA) for the development of the Sipborpa Hydropower Project in Jakarta.

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China Three Gorges reaches FC on 720 MW hydro project in Pakistan

China Three Gorges reaches FC on 720 MW hydro project in Pakistan

🕔Mar 17, 2017

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​.

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Financial closure for Turgusun hydropower plant

Financial closure for Turgusun hydropower plant

🕔Mar 3, 2017

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.

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Dubai receives 12 bids for pumped-hydro storage consultant

Dubai receives 12 bids for pumped-hydro storage consultant

🕔Mar 1, 2017

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.

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Indian Cabinet approves US$854.4 million for a hydropower project to be set up in Nepal

Indian Cabinet approves US$854.4 million for a hydropower project to be set up in Nepal

🕔Feb 27, 2017

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.

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IIC finances Hidronormandia run-of-river plant

IIC finances Hidronormandia run-of-river plant

🕔Feb 24, 2017

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.

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NMB Bank-led consortium to finance hydropower project in Nepal

NMB Bank-led consortium to finance hydropower project in Nepal

🕔Feb 21, 2017

NMB Bank Ltd has successfully executed the financial closure of Upper Solu Khola Hydropower Project which has an installed capacity of 18 MW.

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IFC arranges financing for Armenian hydroelectric power project

IFC arranges financing for Armenian hydroelectric power project

🕔Feb 14, 2017

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. 

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FirstEnergy to sell natural gas and hydro assets to LS Power Equity Partners

FirstEnergy to sell natural gas and hydro assets to LS Power Equity Partners

🕔Jan 25, 2017

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.

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Cuomo announced $360 Million for 11 New York renewable energy projects

Cuomo announced $360 Million for 11 New York renewable energy projects

🕔Jan 13, 2017

Governor Andrew M. Cuomo has announced US$360 million in awards for 11 large-scale renewable energy projects in New York State (US).

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World Bank agrees to fund three hydro projects in Pakistan

World Bank agrees to fund three hydro projects in Pakistan

🕔Jan 12, 2017

The World Bank has given the Khyber-Pakhtunkwa government a positive response for funding three hydropower projects totaling 179 MW.

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870 MW Suki Kinari hydropower project achieves financial close

870 MW Suki Kinari hydropower project achieves financial close

🕔Jan 11, 2017

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. 

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Spain opens public consultation for 3 GW renewables tender

Spain opens public consultation for 3 GW renewables tender

🕔Jan 5, 2017

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.

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Banks finance 10 MW Langtang Khola small hydropower project in Nepal

Banks finance 10 MW Langtang Khola small hydropower project in Nepal

🕔Jan 5, 2017

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.

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Enel signs financing for hydropower complex in Brazil

Enel signs financing for hydropower complex in Brazil

🕔Jan 5, 2017

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.

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Boralex closes financing for yellow falls hydropower project

Boralex closes financing for yellow falls hydropower project

🕔Dec 28, 2016

Boralex Inc. has closed financing for the Yellow Falls hydroelectric project in Ontario for CAD74.3 million (US$54.9 million).

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Spain to hold 3-GW renewable energy auction in the first half of 2017

Spain to hold 3-GW renewable energy auction in the first half of 2017

🕔Dec 28, 2016

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.

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AfDB approves US$80m loan and US$20m equity to Kainji and Jebba Hydro Power Project in Nigeria

AfDB approves US$80m loan and US$20m equity to Kainji and Jebba Hydro Power Project in Nigeria

🕔Dec 27, 2016

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.

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InfraCo Asia signs two agreements for India hydro power projects

InfraCo Asia signs two agreements for India hydro power projects

🕔Dec 20, 2016

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.

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