Company news - Page 4
Stay up to date with the latest Company news updates from the global international water power industry
Wärtsilä sells American Hydro
Technology group Wärtsilä has announced the divestment of American Hydro to Enprotech Corp, a wholly owned subsidiary of publicly traded ITOCHU Corporation (ITC), with the...
Andritz receives contract for Luang Prabang hydropower plant
Andritz has received an order from CH. Karnchang (Lao) Company Ltd. to supply the electro-mechanical equipment for the newly constructed Luang Prabang run-of-river hydropower plant in...
J-POWER takes shares in Philippines hydro companies
Japanese firm Electric Power Development Co., Ltd. (J-POWER) is to acquire shares in two companies owned by Markham Resources Corporation (MRC) in order to participate in...
Eco Wave Power’s planned wave energy project in Spain wins award
Eco Wave Power Global AB has won the Timón de Innovación Award, granted by the Port Authority of the Balearic Islands (APB) in collaboration with Gaceta Náutica, for its...
Work continues on Snowy 2.0 as Clough enters administration
Snowy Hydro, developer of the Snowy 2.0 project in Australia, has said that work is continuing on the major project, despite the recent announcement that Clough – a partner in the...
LS Power to acquire raft of hydropower projects from Hull Street Energy
LS Power, a development, investment and operating company focused on the North American power and energy infrastructure sector, has agreed a deal with Hull Street Energy to buy...
EDP sells Mascarenhas hydro plant as it expands in solar
EDP Brazil has agreed to sell the 198MW Mascarenhas to London-based Victory Hill Global Sustainable Energy Opportunities, in line with the company’s plans to diversify its portfolio...
SAE sells majority stake in ATES
SAE has agreed to the sale of a majority stake in its Advanced Tidal Engineering and Services division (ATES), with the company stating it is focusing its efforts in tidal power on...
FirstLight to team battery storage with hydropower
FirstLight Power has announced plans to retire its fossil fuel power generation facility in Preston and replace it with a large capacity 17MW battery energy storage system, to be...
Hydro-Québec acquires fleet of hydropower stations in New England
HQI US Holding LLC, a wholly-owned subsidiary of Hydro-Québec, is to become the new owner of a fleet of 13 hydropower generating stations in New England with a combined capacity of...
Wave Swell Energy wins top award for wave energy convertor
The King Island UniWave200 Wave Energy Converter developed by Wave Swell Energy Ltd has won the Sir William Hudson Award at the 2022 Engineers Australia Excellence Awards.
OPG and Microsoft in strategic partnership
Microsoft is to procure Clean Energy Credits (CECs) sourced from Ontario Power Generation’s carbon-free hydro and nuclear assets in Ontario under a new strategic partnership aimed...
Pini Group acquires Geodata
Swiss-born engineering company Pini Group has acquired Geodata, an Italian geoengineering company involved in underground and hydro-related works design.
Snowy Hydro looking for new leadership as Paul Broad resigns
Snowy Hydro has confirmed that Managing Director and CEO, Paul Broad, has offered his resignation, with the company now commencing a new process to identify new leadership.
EDP Energias do Brasil sells Mascarenhas hydro facility
Brazilian electric utility company EDP Energias do Brasil S.A has agreed to sell the 198MW Mascarenhas hydroelectric facility in the state of Espírito Santo to VH Global...
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...