Company news - Page 2Stay up to date with the latest Company news updates from the global international water power industry
NHPC to develop hydroelectric projects in Nepal
NHPC Limited has signed an MOU with Investment Board Nepal (IBN) to develop the 750MW West Seti and 450MW SR-6 Hydroelectric Projects in the country.
New brand name planned for GE power businesses
GE’s portfolio of energy businesses, including GE Renewable Energy, GE Power, GE Digital, and GE Energy Financial Services are to come together as GE Vernova in early 2024, as part...
Constellation Clearsight and Voliro bring 360-degree drone to US market
US firm Constellation Clearsight has signed a long-term agreement with Switzerland based Voliro AG which will see the former bring the latter’s advanced airborne robots for...
Sustainable Marine and blueOASIS team up to unlock SIDS ocean energy potential
Sustainable Marine and Portugal’s blueOASIS are to work together to develop a range of marine renewable energy solutions that are appropriate for developing the ocean energy potential...
SAE secures government support for next phase of MeyGen
Simec Atlantis Energy (SAE) has secured a Contract for Difference (CfD) for its MeyGen site in Scotland in the latest allocation round from the UK Government, guaranteeing £178.54...
Hydro to power Swiss Steel Group plant
Swiss Steel Group’s Steeltec plant located in Emmenbrücke is to use hydropower from Axpo Holding to power its steel production, marking another milestone on the company’s road...
China Yangtze Power set to acquire major hydro schemes
China Yangtze Power is to acquire the 10.2GW Wudongde and 16GW Baihetan hydropower stations on the Yangtze River, according to a Shanghai Stock Exchange notice.
Statkraft supplies hydro to Omya Hustadmarmor AS
Statkraft has signed a deal is to supply hydropower produced from two of its hydropower facilities in Norway to power Omya Hustadmarmor AS’s marble processing plant at Elnesvågen.
Hydro from Statkraft to power FREYR Battery production site
Statkraft has announced it has signed an agreement with FREYR Battery to secure long-term supply of renewable power from Statrkraft’s Rana hydropower facility to FREYR’s planned...
Sustainable hydropower in Commonwealth countries boosted with new partnership
The Commonwealth Secretariat and the International Hydropower Association (IHA) have signed an agreement that is set to advance sustainable hydropower in member countries, in line...
FirstLight acquires new hydro facilities
FirstLight Power has acquired two Western Pennsylvania hydroelectric facilities with a total capacity of 31.3MW from H2O Power.
Auditor general recommends improvements to fraud risk management of Site C project
A new report from the Office of the Auditor General makes five recommendations to improve fraud risk management for Site C project after concluding that BC Hydro has not established...
Drax to deliver hydropower for Allied Glass
Drax Group is to supply Allied Glass with 66GWh p.a. of 100% renewable electricity from its Galloway hydro scheme in Scotland.
Voith’s German and Chinese subsidiaries sanctioned by World Bank
The World Bank Group has announced the sanctions of Germany-based Voith Hydro Holding GmbH & Co. KG (VHZ) and its subsidiaries, Germany-based Voith Hydro GmbH & Co. KG (VHH)...
Aker Solutions acquires Rainpower
Aker Solutions has agreed to acquire Norwegian hydropower company Rainpower Holding AS, strengthening its renewables portfolio.
Norwegian hydro to help power silicon metal production
Around 40% of the electricity needs at a silicon metal production site at Holla in Norway is to be met by hydropower over the next five years, as Statkraft signs an agreement...
CorPower Ocean partners with Diab for wave energy converter
CorPower Ocean is working with subsea composite specialist Diab for the construction of its first commercial scale Wave Energy Converter (WEC), with the ocean energy developer...
NHPC sets up new firm for renewable developments
India’s NHPC has set up a new wholly owned subsidiary company for the development of renewable projects, including small hydro, and green hydrogen.
Voith completes acquisition of Voith Hydro’s shares from Siemens
Voith’s joint venture partnership with Siemens Energy has come to an end, with Voith successfully completing the acquisition of the remaining shares in Voith Hydro from its former partner.