Business & Finance

Alstom, Grenoble institute launch hydraulic machines chair

Hydro equipment manufacturer Alstom has joined Partnership Foundation Grenoble INP to unite research efforts of academic laboratories in Grenoble and Alstom's global technology center to develop the hydraulic machines of the future.

Russian hydro utility partners with Siemens in development, equipment venture

Russian hydropower utility RusHydro has signed a three-year strategic partnership with Siemens LLC Russia to refurbish hydropower and thermal plants, implement renewable energy projects including hydro, and manufacture power generation equipment.

U.S. extends financial adviser call for Pakistan's 4,500-MW Diamer Bhasha hydro project

The U.S. Agency for International Development (USAID) has extended the deadline for bids to provide financial advisory services to the government of Pakistan for the proposed 4,500-MW Diamer Bhasha hydroelectric project on the Indus River.

The more things change …

Here at PennWell’s Hydro Group, we’re a small team. So, as you can imagine, when the team is incomplete, it creates chaos in terms of work flow and productivity. 

Stender leaves NAES, forms consulting company

John Stender, former director of business development with NAES Power Contractors, is now chief executive officer of Beacon Hills Consulting Services. 

Jacobs Associates, McMillen LLC announce merger plan

San Francisco-based engineering and consulting firm Jacobs Associates and Boise, Idaho-based engineering and construction firm McMillen LLC announced plans to merge, forming McMillen Jacobs Associates.

David Appleyard

Investing in European hydropower

News that a Dutch pension fund asset manager and an alternative investment manager have formed a partnership to invest a targeted €500 million in the acquisition and development of European hydro plants signals a major shift in the perception of hydropower as an investment class.

Brayman Construction appoints Piedimonte president and COO

Frank A. Piedimonte, P.E., is now president and chief operating officer of heavy civil and geotechnical contractor Brayman Construction Corp. 

Gallo to succeed Frank as president and CEO of hydro equipment manufacturer Voith Hydro

Bob Gallo, current executive director of the Voith Corporate Service Center in North America, will succeed Kevin Frank as president and CEO of hydro equipment manufacturer Voith Hydro in York, Pa. 

Gravity Renewables, Skidmore College partner for hydroelectric power deal

Small hydroelectric power developer Gravity Renewables Inc. has partnered with New York's Skidmore College in an agreement that will enable the university to meet 18% of its energy needs with power generated at the Chittenden Falls hydropower facility. 

Hydro Industry Financials

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