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Latest Company news Update
Hull Street Energy LLC is to become the new owner of nine...
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Engie raises hydro capacity in Brazil following auction win
Engie has won the concessions to operate the 424MW Jaguara and 408MW Miranda hydropower plants in Brazil, raising its installed hydro capacity from 10,290MW to 11,122MW.
Alterra refinances to fund hydro build
Alterra Power Corp is to execute US$133 million refinancing of the corporate loans at its Icelandic subsidiary, HS Orka hf, with part of the proceeds to be used to fund construction...
Enel wins hydro tender in Brazil auction
Enel, through its subsidiary Enel Brasil, has won a 30 year concession for the 380MW Volta Grande hydropower station in Brazil in an auction organised by the Brazilian...
Statkraft and Norfund in hydro share swap
Statkraft and Norfund have announced they will swap shares in their jointly owned international hydropower assets in a deal closed at the end of September.
ABB to acquire GE Industrial Solutions
ABB has announced it is to acquire GE Industrial Solutions, GE’s global electrification solutions business, in a deal valued at $2.6 billion.
Schaller to succeed Lienhard at Voith
Stephen Schaller has been confirmed as the successor to Voith’s long-standing President and CEO, Dr. Hubert Lienhard, upon his retirement in 2018.
FirstEnergy in revised agreement for sale of hydro, gas assets
FirstEnergy Corp has entered into a revised agreement for the sale of 1615MW of competitive natural gas and hydroelectric generation assets located in Pennsylvania and Virginia to...
HOBAS and Amiantit Europe join forces
The European business activities of the Wietersdorfer subsidiary HOBAS and Amiantit Europe (includinfFLOWTITE Technology) have officially merged, following the approval of the...
Genex in agreement with Powerlink Queensland to progess Kidston project
Genex Power Limited has entered into a Binding Heads of Agreement with Powerlink Queensland to progress a range of key activities which are critical to the connection of Genex’s Stage...
Nova Scotia Power investing in hydro upgrade
Canadian utility Nova Scotia Power has announced it is investing almost $4 million in upgrades to its 49-year old Lequille hydroelectric system on the Allain River in Annapolis Valley.
Eagle Creek buys Maine hydro facilities
Eagle Creek Renewable Energy has completed the acquisition of around 30 MW of hydroelectric facilities in Maine, US, from Madison Paper Industries, a partnership of UPM and Northern...
Jacobs Engineering to buy CH2M Hill
Jacobs Engineering Group has announced it is to acquire CH2M Hill, in a deal expected to close later this year.
Mitsui to sell its interest in First Hydro
Mitsui & Co., Ltd has agreed to sell its 25% interest in pumped storage operator First Hydro to Brookfield Renewable Partners L.P and its institutional partner.
Albany Engineering Corp and Mavel to collaborate for New York projects
Albany Engineering Corporation (AEC) and Mavel, a.s. (Mavel) are to collaborate on the design, manufacture, and installation of new generating equipment for four hydroelectric...
Welsh Water goes green, as it gets EIB loan
UK utility Welsh Water has reached a key milestone in its drive to cut carbon emissions by ensuring that its sites across Wales and Herefordshire are now powered by green...
Voith and China Three Gorges sign new agreement
Voith and China Three Gorges Corporation have entered into an agreement that covers the delivery of two 350MW units to a pumped storage power station in China, while also...
Hull Street Energy completes hydro acquistion
A recently formed affiliate of Hull Street Energy has completed the acquisition of 100% of the ownership interests in Nautilus Hydro, LLC from funds managed by affiliates of The...
Tocardo gets RO accreditation for 1.4MW at EMEC
Tocardo Tidal Power has announced that the UK’s Gas and Electricity Regulator Ofgem has granted accreditation under the Renewables Obligation (RO) scheme for Tocardo’s 1.4 MW...
Teck to sell Waneta interest
Teck Resources Limited (Teck) has reached an agreement to sell it’s two thirds interest in Waneta Dam and related transmission assets in British Columbia, Canada, for $1.2 billion...
RusHydro and Rosatom sign new agreement
RusHydro and Rosatom have signed a cooperation agreement that will see the firms plan for joint activities in technologies for renewables and electric energy accumulation systems.