Project finance - Page 1
Stay up to date with the latest Project finance updates from the global international water power industryLatest Project finance Update
A project to modernise the 7.6MW Lebedinovskaya hydropower plant –...
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Construction debt paid off for 14GW Itaipu hydroelectric project
Itaipu Binancional has paid the final instalment of construction debt for the 14GW Itaipu hydroelectric project, bringing it's almost 50-year financial commitment to build the...
$3.7 million for hydropower R&D project that will strength trust with river stakeholders
The US Department of Energy (DOE) is investing $3.7 million for a project that aims to deepen relationships and trust between hydropower and river stakeholders to better...
AfDB approves grant for dam design and interconnection in Morocco
The African Development Bank has approved a grant to the Government of Morocco to assist in the design of dams, river development and inter-basin interconnection studies in the country.
Eurasian Development Bank agrees to fund Kulanak hydro plant, Kyrgyz Republic
The Eurasian Development Bank (EDB) and Naryn Production Enterprise have agreed on financing for the construction and operation of the 100MW Kulanak hydropower plant in the Kyrgyz Republic.
£1 million grant to test materials for new energy storage system
In partnership with the University of Greenwich and the University of Exeter, UK firm RheEnergise has secured a grant of £1 million from the UK government to help identify and test...
Rogun Dam gets grant funding from World Bank
The World Bank has approved $15 million in grant funding for a project to strengthen the financial, commercial, environmental and social frameworks at Tajikistan’s Rogun Dam.
Funding opportunity expanded for community-led tidal and current energy projects in US
The US Department of Energy’s Water Power Technologies Office (WPTO) has announced the addition of a $10 million topic area to its proposed funding opportunity from President...
Singrobo project reaches financial close
Financing for the 44MW Singrobo-Ahouaty hydropower project in Côte d’Ivoire has reached financial close, with the African Development Bank Group as mandated lead arranger.
Dams allocated funds by Zimbabwean Government
Twelve dam projects in Zimbabwe are set to receive a share of $22 billion in funding allocated by the government in the 2023 national budget, The Herald has reported.
Quidnet Energy gets federal funding for geomechanical pumped storage project
Quidnet Energy is to receive $10 million in funding from the US. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) for work on a project using its...
African Development Bank approves €125 million loan for Cahora Bassa modernisation
A project that is set to extend the life of the Cahora Bassa hydroelectric project in Mozambique has received a funding boost as the African Development Bank Group agrees a loan deal...
Pumped storage project set to benefit from a share of UK government funding
A pumped storage project is one of five energy storage projects across the UK that is set to benefit from a share of over £32 million government funding in the second phase of the...
DOE announces $28 million in new funding to advance hydropower technology
The US Department of Energy (DOE) has approved $28 million across three funding opportunities to support research and development projects that will advance and preserve hydropower as...
FEMA awards funds for dam safety
FEMA has announced that over the next five years it is set to award $733 million through the Bipartisan Infrastructure Law in dam safety grants to states and territories to enhance...
US DOE provides $13.5 million for record number of hydroelectric facilities
The US.Department of Energy (DOE) has distributed $13.5 million in incentive payments to 55 hydroelectric facilities through the Hydroelectric Production Incentive Program – marking...
WPTO announces funds for research on fish passage and protection technologies
The US Department of Energy’s Water Power Technologies Office (WPTO) has released details of a $4 million funding opportunity to reduce the environmental impacts of hydropower...
USBR awards $150,000 to winners of AMPS Challenge improving reliability in hydropower plants
Two teams are set to receive $50,000 for their ideas to automate protection systems testing for hydropower generators and other protective relays systems after being selected as...
Innergex completes refinancing of assets in Chile
Innergex Renewable Energy Inc. has successfully completed a US$803.1 million refinancing of the non-recourse debt of its portfolio of wholly owned assets in Chile with the issuance...
NIB helps fund energy storage on Faroe Islands
The Nordic Investment Bank (NIB) has agreed to loan DKK 250 million (€33.60 million) to power company SEV to finance the construction of a pumped storage system to allow for new...
