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Latest Company news Update

Gravity Renewables acquires new hydro
18 May, 2017
US based small hydro owner and operator Gravity Renewables has acquired...
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Leask Marine joins Marine Energy Hub in Wales
Thursday, May 11, 2017 Orkney-based Leask Marine have become the latest company to join Pembrokeshire’s Marine Energy Hub, bringing with them over 10 years of experience supporting the marine renewables industry.

New England hydro plants change hands
Monday, April 24, 2017 Great River Hydro, an affiliate of ArcLight Capital Partners, has announced it has closed its acquisition of TransCanada‘s New England hydroelectric power portfolio.

Aquila expands hydro portfolio with new acquisition
Monday, April 24, 2017 Six run-of-river hydropower plants near Bergen, Norway, are to join investment firm Aquila Capital’s hydropower portofolio following their acquisition from Norwegian energy company BKK AS.

Eagle Creek acquires new hydro
Wednesday, April 19, 2017 Eagle Creek Renewable Energy, LLC is to bring the Reusens hydroelectric facility on the James River near Lynchburg, Virginia, back into operation after acquiring the facility...

Resus Energy buys small hydro developer
Tuesday, April 18, 2017 Sri Lankan renewable energy firm Resus Energy has acquired small hydropower developer JB Power (Pvt) Ltd, expanding the company’s presence in the hydroelectric market.

Commercial operations start at Upper Lillooet River hydro plant, US
Tuesday, April 11, 2017 Innergex Renewable Energy Inc. has begun commercial operation of its largest-ever hydro facility – the 81.4 MW Upper Lillooet River run-of-river project in British Columbia, Canada.

SMEC acquires PDR Engineers
Tuesday, April 11, 2017 SMEC has announced that it has acquired Queensland-based consultancy firm PDR Engineers, its first acquisition since joining Surbana Jurong in August 2016.

Tidal energy plans for Indonesia
Wednesday, March 29, 2017 Indonesia could be home to new tidal energy projects under plans unveiled today by DCNS Energies and PT AIR.

Saab Seaeye investing in engineers
Tuesday, March 14, 2017 Electric underwater robotic systems manufacturer Saab Seaeye has announced the launch of a recruitment drive to find software and electrical engineers at all levels, including...

Astaldi agrees to sell Chacayes interest, Chile
Thursday, March 09, 2017 Astaldi has agreed to sell its 27.3% stake in the 110MW Chacayes hydroelectric plant in Chile to the project’s majority owner Pacific Hydro Chile (72.7%) and the Chilean subsidiary...

EVN calls halt to Gorna Arda plans, Bulgaria
Thursday, March 02, 2017 Plans to build the 174.2MW Gorna Arda hydropower complex in Bulgaria have been put on hold by Austria’s EVN, with the company suggesting that changes in the energy policy environment...

Hydro powers Swiss network operator
Monday, February 20, 2017 Switzerland based network operator Sunrise has announced that, since the start of 2017, it is using 100% renewable energy from local hydropower to satisfy its power needs.

Cube Hydro takes ownership of Alcoa’s North Carolina hydro plants
Thursday, February 09, 2017 Cube Hydro Carolinas, LLC, an affiliate of Cube Hydro Partners, LLC, has officially closed its deal with Alcoa Corporation to take ownership of four hydroelectric power plants with...

Pöyry to work on Alto Maipo hydropower plant, Chile
Monday, February 06, 2017 Pöyry has won an engineering services assignment for the Alto Maipo hydropower project located in the Maipo river basin, Chile.

Voith celebrates 150th anniversary in 2017
Monday, January 30, 2017 Voith is celebrating its 150th anniversary in 2017 and has announced it will be marking it with events at each of its 160 locations worldwide spanning more than 60 countries.

FirstEnergy to sell hydro stake, natural gas assets to LS Power Equity Partners
Tuesday, January 24, 2017 FirstEnergy Corp has agreed to sell its stake in a 713MW pumped storage hydro facility in Virginia, US, along with four natural gas generating plants in Pennsylvania, for US$925...

Antofagasta gives update on plans to exit Alto Maipo project
Tuesday, January 24, 2017 Antofagasta plc has announced that its subsidiary Minera Los Pelambres has agreed to transfer its 40% interest in Alto Maipo SpA to AES Gener SA, signalling its exit from the...

Atlantis to expand business beyond tidal
Friday, January 20, 2017 Atlantis Resources is planning to establish a new internal division to exploit opportunities beyond its core tidal stream energy business.

New orders for Andritz
Monday, January 16, 2017 Andritz Hydro has won new orders for work on hydropower plants in Norway and DR Congo.

DCNS and Bpifrance create DCNS Energies
Thursday, January 12, 2017 Naval defence firm DCNS and Bpifrance have announced the creation of new company DCNS Energies to target the global marine renewable energy industry, with support from Technip Group...

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