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Latest Company news Update

Albany Engineering Corp and Mavel to collaborate for New York projects
18 July, 2017
Albany Engineering Corporation (AEC) and Mavel, a.s. (Mavel) are...
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Welsh Water goes green, as it gets EIB loan
Monday, July 10, 2017 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
Thursday, July 06, 2017 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
Thursday, June 29, 2017 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
Tuesday, June 27, 2017 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
Wednesday, June 21, 2017 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
Thursday, June 08, 2017 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.

Job losses expected as Vattenfall restructures German hydropower division
Wednesday, June 07, 2017 Vattenfall has announced that its German hydropower division could see a 60% reduction in its workforce in a bid to bring it back into profitability.

Voith and China Three Gorges Corp enhance hydro cooperation
Friday, June 02, 2017 Voith and China Three Gorges Corporation (CTG) have signed an agreement to enhance their cooperation in the hydropower business.

Xodus and Green Marine join forces for offshore renewables
Thursday, June 01, 2017 Xodus Group and Orkney based Green Marine have partnered to launch a new integrated service for the maintenance of offshore renewable assets.

Gravity Renewables acquires new hydro
Thursday, May 18, 2017 US based small hydro owner and operator Gravity Renewables has acquired two new hydro projects - the Quinebaug and 5-Mile Project in Connecticut and the Moomaws facility in Virginia.

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...

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