Company news - Page 1

Statkraft becomes sole owner of Brazilian subsidiary Statkraft Energias Renováveis (SKER)
Thursday, September 21, 2023 by Statkraft has acquired the remaining 18.69% of shares in its Brazilian subsidiary, Statkraft Energias Renováveis (SKER), making it the sole owner of SKER. The shares were purchased...

FirstLight Power expands hydropower portfolio with acquisition of Hydromega Services
Thursday, September 14, 2023 by FirstLight Power has finalised its agreement to acquire Canadian renewable operator and developer Hydromega Services Inc. The acquisition includes ownership interest in ten...

Green hydrogen production commences at site near Schiffenen Dam
Wednesday, August 30, 2023 by Groupe E has successfully kickstarted the production of green hydrogen at its plant situated near the Schiffenen dam. Currently, the company is in the process of conducting...

Genesis Digital Assets expands bitcoin mining capacity in Nordics, powered by hydroelectric energy
Tuesday, August 22, 2023 by Bitcoin mining firm Genesis Digital Assets Limited (GDA) has unveiled its latest move to bolster mining capabilities in Sweden, tapping into the abundant hydroelectric power of the region.

SMEC-Stucky JV selected for Phase II & III of India's Dams Rehabilitation and Improvement Project
Tuesday, August 15, 2023 by In a development coinciding with India's 77th Independence Day celebrations, a JV of SMEC-Stucky has secured a role as the Engineering & Management Consultant for Phase II & III of...

Andritz to work on renovation of Brazil's Jaguara hydropower plant
Thursday, August 10, 2023 by Andritz has secured a contract from Engie Brasil Energia for the comprehensive modernization of the 424MW Jaguara hydropower plant in Rifaina, State of Sao Paulo. The plant is a...

Consumers Energy exploring potential sale of hydro portfolio
Wednesday, August 09, 2023 by Consumers Energy has announced its intention to delve into the possibility of selling its portfolio of 13 hydroelectric facilities in Michigan, US, marking a strategic move to address...

SMEC to provide key support for Super Trishuli hydroelectric project, Nepal
Friday, August 04, 2023 by Engineering and consulting firm SMEC has been engaged by CE Construction Pvt. Ltd. to provide hydraulic, geotechnical, and structural design, and construction drawing services for...

Sulzer opens new service center
Wednesday, July 12, 2023 by Sulzer, a global pump original equipment manufacturer (OEM) and independent service provider (ISP), has recently opened its purpose-built Lausitz Service Center. The facility, located...

Hidroelectrica lists shares on Bucharest Stock Exchange
Wednesday, July 12, 2023 by Romanian electricity producer Hidroelectrica has announced the admission of its shares to the Premium tier of the Bucharest Stock Exchange. Trading under the symbol "H2O" commenced...

WAPDA partners with UAE firm to boost small hydropower and develop floating solar power in Pakistan
Tuesday, July 11, 2023 by WAPDA, the Water and Power Development Authority of Pakistan, has entered into two significant agreements with the Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum...

Eco Wave Power and Lian Tat Company planning Taiwan’s first onshore wave energy power station
Tuesday, June 27, 2023 by Eco Wave Power Global AB has signed a Memorandum of Understanding (MoU) with maritime engineering company Lian Tat Company (LTC) to introduce its wave energy technology to Taiwan....

Uniper, Talanx Group, and Augusta in 15-Year agreement for Swedish hydropower
Tuesday, June 27, 2023 by Uniper and Talanx Group via Augusta Investment Management have recently reached a agreement for the purchase of 5.3 TWh of Swedish hydro power. The agreement, which spans over a...

Tractebel signs contract for two strategic hydropower projects in Nepal's Mugu District
Wednesday, June 21, 2023 by Tractebel has recently inked a contract for the development of two hydropower projects in the Mugu district of Nepal's Karnali Province. These projects, the Upper Mugu Karnali and...

SMEC and Fortescue Future Industries partner for renewable energy development
Monday, June 19, 2023 by Fortescue Future Industries (FFI) and SMEC have announced details of a partnership to propel the development of renewable energy engineering solutions.

Rye Development hydro projects set to power data centers
Wednesday, June 14, 2023 by In what has been described as a first for the hydropower industry, Rye Development has developed an agreement with Iron Mountain that could see new hydropower added to existing dams...

Statkraft to supply hydropower to Hydro Energi’s Norwegian aluminium plants
Friday, June 09, 2023 by Statkraft is to supply 0.44 terawatt-hours (TWh) per year to Hydro Energi AS’ aluminium plants in Norway from 2024 to 2038 under a recently signed long-term power purchase agreement (PPA).

SSE Generation Ltd faces £9.78 million penalty for breaching licence agreement
Wednesday, June 07, 2023 by UK energy regulator Ofgem has taken action against SSE Generation Limited after uncovering a breach of its generation licence. Following an extensive investigation, Ofgem has issued...

Groupe Filatex forms joint venture with Hyvity to create ENHY
Thursday, June 01, 2023 by Groupe Filatex has announced the creation of ENHY through a joint venture with the French firm Hyvity for the development of hydropower in Madagascar.