More Business Transactions & Transitions

Nepali company seeks to develop hydroelectric generation facilities greater than 25 MW

12/19/2014

On Dec. 17, Hydroelectricity Development & Investment Co. Ltd. (HIDCL) announced it is seeking to lead development of hydroelectric projects in Nepal that have a generating capacity greater than 25 MW. HIDCL is based in Babarmahal, Kathmandu, Nepal. 

EU report listing US$1.6 trillion investment opportunities may spur hydropower development

12/18/2014

A European Union (EU) report released Dec. 9, lists about €1.3 trillion (US$1.6 trillion) of potential investments across Europe that could “kick-start” ambitious plans for infrastructure development. One of the potential investments could result in an enormous pumped-storage hydro project for the Czech Republic and Austria. However, a non-governmental organization opposes the proposed 1000-MW hydropower development. 

Ayres Associates announces plans to purchase SAA Design Group

12/18/2014

Ayres Associates, an engineering and architecture firm that works in the hydroelectric power industry, has signed a letter of intent to purchase planning and design firm SAA Design Group.

US$2.24 trillion for green bonds coincide with standards for marine hydrokinetic risk management

12/17/2014

Standards and transparency. Managers who oversee trillions of investment dollars now have similar goals with those who are dedicated to marine hydrokinetic (MHK) development from the U.S. Department of Energy (DOE) and U.S. National Renewable Energy Laboratory (NREL).

Smith named chief strategy officer for MWH Global

12/16/2014

David A. Smith is now chief strategy officer for MWH Global.

Brazilian 400 MW hydroelectric project has French investment

12/15/2014

A France-based utility fills the void in a consortium for a 400 MW hydroelectric project in Brazil on the Teles Pires River in the state of Mato Grosso. Brazilian company Alupar Investimento, which held a 51% stake in a consortium, decided to exit the project in August.

Dollard appointed VP at small hydro developer Gravity Renewables

12/12/2014

Jonathan Dollard, P.E., is now vice president of engineering with Gravity Renewables, a developer of small hydro projects. 

An interesting hydro harvest

12/12/2014

One of the fun things about my job is looking at all of the interesting stories out there related to hydroelectric power.

Voith Hydro posts increase in 2014

12/10/2014

Global technology group Voith GmbH has reported an overall increase in its volume orders through its 2013-14 fiscal year, highlighted in part by a strong performance by its hydroelectric power arm.

American Governor wins industry honor from SmartCEO

12/10/2014

Hydroelectric power technology manufacturer American Governor Co. has been honored by SmartCEO magazine as the recipient of its 2014 Circle of Excellence Award in Manufacturing.

Burundi seeks financial management consultant for 31.5-MW Jiji, 16.5-MW Mulembwe hydro projects

12/10/2014

Burundi's water and electric utility invites expressions of interest to serve as financial management consultant for the 31.5-MW Jiji and 16.5-MW Mulembwe hydroelectric projects being developed in Burundi's Bururi Province.

Turkey seeks ODA funding for pumped-storage hydroelectric project at 278-MW Gökçekaya Dam

12/09/2014

Turkey seeks an official development assistance (ODA) loan package after agreeing with findings from Japan International Cooperation Agency’s (JICA) site study that a variable speed pumped-storage power plant development is needed at Gökçekaya Dam in the province of Eskisehir, Turkey.

Toshiba merging North American hydroelectric power branch

12/08/2014

Global technology conglomerate Toshiba Corporation has announced it will "reinforce its power systems business" by merging its three North American businesses into a new company, including its hydroelectric power and thermal arm.

2015 World Hydropower Congress at Yanqi Lake complex in Beijing, China

12/08/2014

Yanqi Lake complex in the Huairou district of Beijing, China, is the venue for the 2015 World Hydropower Congress (WHC) being held May 19-21, 2015.  

New tidal energy company established to develop projects in Canada

12/05/2014

A new company, named International Marine Energy Inc., has been established by Tribute Resources Inc. to develop tidal energy projects in Canada, as well as in other areas around the world.

U.S. House approves hydroelectric power tax provision

12/04/2014

The U.S. House of Representatives has passed legislation that amends an existing Internal Revenue Code to extend certain expiring tax provisions for some forms of energy production through 2014, including conventional hydroelectric power and marine and hydrokinetic.

Finnish energy company Fortum OYJ to purchase stake in Russia hydro plants

12/02/2014

Fortum OYJ, Finland’s largest utility company, is planning to expand its hydro portfolio by purchasing additional shares of hydro plants from Russia’s Territorial Generating Co. No. 1 (TGC-1). The purchase is part of the TGC-1 restructuring plan being implemented through a signed protocol that includes Fortum, Gazprom Energoholdings and Rosatom State Atomic Energy Corp.  

Tribute to respected hydropower, water resources expert John Briscoe

12/02/2014

We were saddened to learn of the recent death of John Briscoe, a respected expert on hydropower and water resources.

FloWave, Scottish marine hydrokinetics facility earns “Green” accolade

12/01/2014

A university marine hydrokinetics (MHK) facility earned Best Innovation accolades at the 2014 Scottish Renewables Green Energy Awards held Nov. 27 in Edinburgh, Scotland.  

Norwegian utility issues US$110 million in green bonds to spark hydroelectric market growth

11/26/2014

Long-term investments are the norm when it comes to hydroelectric projects and Nord Trøndelag Elektrisitetsverk Energi AS (NTE) is maintaining the status quo. On Nov. 19, the Steinkjer, Norway-based utility issued US$110 million in green bonds to refinance four hydroelectric projects it purchased in 2004.

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