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Latest Company news Update
Switzerland based network operator Sunrise has announced that, since...
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Cube Hydro takes ownership of Alcoa’s North Carolina hydro plants
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
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
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
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
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
Atlantis Resources is planning to establish a new internal division to exploit opportunities beyond its core tidal stream energy business.
New orders for Andritz
Andritz Hydro has won new orders for work on hydropower plants in Norway and DR Congo.
DCNS and Bpifrance create DCNS Energies
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...
Duke Energy completes sale of Latin American hydro, thermal assets to I Squared
Duke Energy has completed the previously announced sales of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital...
Ayala Corp to sell hydro assets in the Philippines to Sta Clara
Sta Clara Corporation is to acquire 100% ownership of three hydropower generation company’s in the Philippines after signing a deal to acquire Ayala Corporation’s majority stake in each one.
Hydro workers among victims of plane crash
Austrian engineering group Andritz has confirmed to Reuters that three of its employees who worked on a hydropower plant in Pakistan were among the 47 people killed in a plane crash...
Norway’s Småkraft and Norsk Grønnkraft to be merged by Aquila
Norway’s Småkraft and Norsk Grønnkraft (NGK) are to merge in plans announced by Aquila Capital, creating one of the largest operators of small-scale hydropower plants in Europe.
Norconsult wins international BIM award
Norconsult’s paperless hydropower project, Vamma 12, has gained the company an international BIM (Building Information Modelling) award at the AEC Excellence Awards in the US.
Rushydro sells five dams
RusHydro has sold five dams on the Angara River in Siberia to LLC Telmamskaya HPP, a wholly owned subsidiary of JSC EuroSibEnergo, in a RUB 9,280 million deal
New hydro acquisition for Eagle Creek
Eagle Creek Renewable Energy, LLC will now add the 19MW Worumbo hydroelectric facility on the Androscoggin River in Lisbon Falls, Maine, to its assets after acquiring project owners...
ArcLight Capital to buy TransCanada’s New England hydro assets
ArcLight Capital Partners is to acquire TransCanada’s 584MW of hydropower assets in New England, US, through its affiliate company, Great River Hydro.
Tidal Energy Ltd in Administration
UK-based Tidal stream technology company, Tidal Energy Ltd, has been placed into Adminstration.
Swansea Bay turbine tender launched
The Swansea Bay tidal lagoon project has launched a tender for the design and construction of a new £22 million turbine manufacturing and pre-assembly plant.
Duke sells Latin American businesses
Duke Energy has announced that China Three Gorges Corporation has agreed to buy the US utility’s hydropower business in Brazil, while it has also agreed to sell its businesses in...
Statkraft opens first hydro plant in Albania
Statkraft has officially opened the 73MW Banja hydropower plant in the Albania, the first of two plants which make up the 256MW Devoll hydropower project.