New Development

Development of new hydropower facilities, a strong and continuing trend, results in the addition of substantial new electric generating capacity around the world every year.

Hydro Project Activity-cap_hydro_c08
Hydro TC Seperator Image v2

Latest New Development News

China Three Gorges buys majority shares in two Brazilian hydropower projects

08/27/2015

Brazilian infrastructure group Triunfo Participacoes e Investimentos S,A. .has agreed to sell its controlling stakes in three energy generating subisidiaries to the China Three Gorges Corp., the company announced earlier this week.

Keeyask hydro station

Manitoba Hydro reports $60 million drop in net income for 2014-2015

08/27/2015

Canadian provincial utility Manitoba Hydro reported consolidated net income of $114 million for the fiscal year ended March 30, 2015, down $60 million from last year.

FFP New Hydro closes loan facility for 21 hydropower projects

08/26/2015

FFP New Hydro LLC has closed a senior loan facility through Crestline Investors Inc. to develop a portfolio of 21 run-of-river hydropower plants across a five-state area.

Yalong River Hydropower Ltd. to issue US$155 million in 270-day bills

08/25/2015

On Aug. 25, Yalong River Hydropower Development Co. Ltd. (YRDC) announced it would issue US$155 million (RMB 1 billion) in unsecured super short-term bills with a maturity of 270 days on the interbank market on Aug 26. 

Speaking out for hydro

08/24/2015

In January, a columnist with Canada’s The Globe and Mail newspaper wrote an opinion editorial entitled “Big Hydro’s big days are behind it.”

Pakistani 969-MW Neelum-Jhelum hydroelectric project Planning Commission seeks audit

08/20/2015

This week, the Planning Commission for the 969-MW Neelum-Jhelum hydroelectric project (NJHP) being constructed in Pakistan has asked the government to conduct an independent audit of reported completed work on the project prior to approving new expenditures. 

Canada utility seeks motor control centers for 695-MW Keeyask hydro project

08/20/2015

Canadian utility Manitoba Hydro seeks bids to supply motor control centers for the 695-MW Keeyask hydroelectric project in Manitoba. 

Emerson awarded SCADA contract for China's 48-MW Shehong Liushu hydroelectric plant

08/19/2015

Chinese developer Tuopai Power Development Co. Ltd. has awarded a contract to Emerson Process Management to supply automation equipment for its 48-MW Shehong Liushu hydroelectric plant.

Bolivia utility seeks design, bidding documents for 5-MW Huacata hydro project

08/19/2015

Bolivia utility Empresa Electrica Valle Hermoso (EVH) seeks bids to perform final design and to draft bidding documents for construction of the 5-MW Huacata hydroelectric project in Bolivia's Tarija Department.

Progress continues at 444-MW Vishnugad Pipalkoti hydroelectric project

08/19/2015

According to the World Bank, construction continues on the 444-MW Vishnugad Pipalkoti hydroelectric project (VPHEP) on the Alaknanda River, a major tributary of the Ganga River, in the district Chamoli in Uttarakhand, India. 

Italy hydro developer seeks construction of Barghe hydro project

08/18/2015

Italian hydropower developer Iniziative Bresciane S.p.A. seeks bids for civil and hydraulic works to construct the Barghe hydroelectric project at Barghe, Italy.

Uganda signs US$95 million agreement to develop 44.7-MW Muzizi hydroelectric project

08/18/2015

Germany’s state controlled KFW Development Bank, the French Development Agency (AFD) and the government of Uganda, signed a US$95 million agreement this week to construct the 44.7-MW Muzizi hydroelectric project on the Muzizi River in the district of Kibaale, which borders the Ndaiga and Hoima districts in western Uganda. 

Brazil's Colider, Baixo Iguacu hydropower projects receive Copel financing

08/17/2015

An earnings statement from Copel shows the Brazilian utility intends to spend about US$100 million on a pair of large hydropower plants in the second half of this year.

Hydropower plant owners, operators encouraged to submit nominations for 2015 Projects of the Year Awards

08/14/2015

The editors of Renewable Energy World and Power Engineering magazines are now accepting nominations for the annual Projects of the Year Awards program.

Alterra provides updates on Jimmie Creek, Tahumming hydropower plants in latest quarterly report

08/14/2015

Quarterly reports released earlier this week by Canadian renewable energy generator Alterra Power Corp. reveal milestones for the company's Jimmie Creek and Tahumming hydropower projects.

Bulgaria seeks design, preparation, supervision to build Yadenitsa Dam

08/13/2015

Bulgaria utility Natsionalna Elektricheska Kompania EAD (NEK) seeks bids for design, document preparation and construction supervision of Yadenitsa Dam on Bulgaria's Yadenitsa River. 

Black & Veatch celebrates 100 years

08/13/2015

On Aug. 12, Black & Veatch marked 100 years of providing critical infrastructure solutions for clients around the world. Founded with 12 employees in 1915 by Ernest Bateman Black and Nathan Thomas Veatch, the company now has more than 10,000 employees worldwide and provides energy, telecommunications and water solutions in more than 100 countries. 

Teesta VI tunnel construction

Lenders to take over 500-MW Teesta VI project in India

08/13/2015

Reports indicate that several companies that have lent money to Lanco Teesta Hydro Power Pvt Ltd are converting their outstanding loans into 51% equity in the company, after the borrower fell behind on repayments.

DR Congo seeks engineers, specialists to help develop 4,800-MW Inga 3 Basse Chute hydro project

08/13/2015

The Democratic Republic of Congo (DRC) invites expressions of interest from engineers and other specialists to help develop the 4,800-MW Inga 3 Basse Chute hydroelectric project on the Congo River in the DRC.

Guyana nixes plans for 165-MW Amaila Falls hydropower project

08/13/2015

The Guyana government has abandoned plans to develop the 165-MW Amaila Falls hydroelectric plant, citing numerous delays and potential cost overruns.

Hydro Industry Financials

Most Read Articles