JSC RusHydro has signed a deal that will see the Russian energy conglomerate manage and modernize a pair of hydroelectric projects in Nigeria.

JSC RusHydro has secured a US$25 million loan from the Asian Development Bank (ADB) that will be used for the modernization of hydropower projects in Armenia's Sevan-Hrazdan Cascade.

The Indian government has announced its plan to divest a 10% share in state-run hydroelectric power company Tehri Hydro Development Corporation (THDC) India Ltd in an effort to raise US$91 million this fiscal year, HydroWorld.com has learned.

Israeli hydrokinetic developer Eco Wave Power and the Chinese government have signed an agreement promoting economic trade and collaboration between the two parties.

Capital investment and trading conglomerate Mitsui & Co. has announced it will acquire about 20% equity of ESBR Participacoes S.A., owner of Brazil's 3,750-MW Jirau hydroelectric project, per an agreement with GDF Suez.

Renewable power trader Climex has agreed to sell marine energy generated by Tocardo Tidal Turbines through its green energy trading platforms.

Recent transactions by SN Power will better allow it to focus on hydroelectric power development, the Oslo-based company said.

The European Investment Bank (EIB) has agreed to a US$72.3 million loan to the Federal Democratic Republic of Nepal that will help finance the 140-MW Tanahun hydroelectric project.

HydroVision International -- the world's largest event dedicated to the hydroelectric power industry -- has again been recognized by Trade Show Executive as one of the fastest-growing tradeshows in the United States.

The town of Saint-Etienne has awarded BRL Exploitation a contract for monitoring and operation of the Lavalette Dam hydropower project.

Power company FirstEnergy has begun its implementation of a plan to sell up to 1,240 MW of unregulated, non-core hydroelectric power generation assets, CEO Anthony Alexander announced during the company's first-quarter earnings call earlier this week.

Engineering consulting firm SMEC and power corporation Hydrochina have signed a memorandum of understanding intended to foster a long-term, cooperative relationship.

German development bank Kreditanstalt fur Wiederaufbau (KfW) has announced it will provide US$23.5 million for renovations of the Chicamba and Mavuzi hydroelectric plants, as per terms of a contract signed with power company Electricidade de Mozambique (EdM).

A US$30 million equity investment from the Asian Development Bank (ADB) will help support development of NSL Renewable Power Private Ltd.'s (NRPPL) 100-MW Tidong hydroelectric project.

An enterprise license agreement signed by Electricite de France (EDF) and software developer Ventyx will allow for the deployment of Ventyx's enterprise asset management (EAM) program across at hydropower projects across France.

A study released recently by media syndicate Bloomberg shows renewable energy sources -- including large hydropower projects -- will account for between 69% and 74% of all power generation investments through 2030.

China Hydroelectric Corporation has completed the sale of the 30-MW Yuheng hydroelectric project to an undisclosed buyer, HydroWorld.com has learned.

As of April 22, Steven Chu has served his last day at the Department of Energy (DOE) as its secretary.

The New York State Public Service Commission approved a plan on April 18 that will bring 1,000 MW of hydroelectric power from the Canadian province of Quebec to New York City.