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.

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Latest New Development News

Sen. Murkowski introduces pair of Alaskan hydroelectric power bills


Hearings on a pair of bills held by the U.S. Senate Energy and Natural Resources Committee this week could potentially lead to an expansion of hydroelectric power in Alaska.

World Bank seeks strategic assessment of South Asia's Brahmaputra River Basin


The World Bank invites expressions of interest from consultants to develop a strategic basin assessment of the hydropower-rich Brahmaputra River Basin, extending from China through India, Bangladesh and Bhutan. 

Hydroelectricity included in IRENA's "Age of Renewable Power" report


A report presented by the International Renewable Energy Agency emphasizes conventional and pumped-storage hydroelectric power's role in supporting the development of national roadmaps for integrating green resources.

Bank seeks water atlas of 'watertower of West Africa'


The World Bank invites expressions of interest from consultants to develop a water atlas of the resources of Guinea's Fouta Djallon Highland, dubbed the "watertower of West Africa" since it is the source of several major rivers in the region.

RusHydro commissions 100-MW Gotsatlinskaya hydroelectric project


The 100-MW Gotsatlinskaya hydropower project on the Avarskoye Koisu River in Dagestan has been commissioned and permitted to sell electricity to the wholesale market, according to Russian energy giant RusHydro.

India's NHPC names new chairman, managing director


Indian National Hydroelectric Power Corporation Ltd. has named Shri K.M. Singh as its new chairman and managing director.

India developer extends construction call for 2,000-MW Subansiri Lower hydro project


India's NHPC Ltd. has extended the deadline for bids to construct civil works of the powerhouse complex of the 2,000-MW Subansiri Lower hydroelectric project on the Subansiri River in India's Arunachal Pradesh State.

McLymont Creek hydro operating

66-MW McLymont Creek hydro plant in British Columbia begins operating


The 66-MW McLymont Creek hydro plant, owned by AltaGas Ltd., began operating Oct. 1.

Pakistan's 1,300-MW Tarbela 5th Extension hydropower project receives next-to-last approval


Pakistan's 1,300-MW Tarbela Dam 5th Extension hydropower project received consent from the government's Central Development Working Party earlier this week, leaving approval by the Executive Committee of National Economic Council as its final hurdle.

SEFA approves funding for Africa's 20-MW Saltinho hydropower project


The Sustainable Energy Fund for Africa has awarded a US$965,000 grant to support the development of a 20 MW hydropower project in Saltinho.

Guinea increases generating capacity with US$526 million 240-MW Kaleta hydroelectric facility


On Sept. 28, Guinea state-owned utility Electricite de Guinee commissioned the 240-MW Kaleta hydroelectric facility on the Konkoure River in west central Guinea, about 87 miles from the capital city of Conarky. Chinese state-owned China International Water & Electric Corp. (CIWEC) constructed the US$526 million scheme, which the company says has an average annual generating capacity of 965 million kWh.  

Rousseff: Brazil committed to hydroelectric power


Responding to a preliminary 10-year energy plan released recently by the Brazilian government, President Dilma Rousseff said her country will continue to rely on hydroelectric power, despite the plan's emphasis on other renewable sources.

DOE small business program

DOE program announced to fund clean energy technologies, including hydro


A $20 million Small Business Voucher pilot program has been launched by the U.S. Department of Energy’s Office of Energy Efficiency & Renewable Energy (EERE).

Nepal's 335-MW Upper Arun, 30-MW Ikhuwa Khola hydropower plants receive World Bank backing


The Government of Nepal has received a US$20 million credit from the World Bank to help implement its Power Sector Reform and Sustainable Hydropower Development Project.

Snohomish County PUD issues bonds for pair of new hydropower projects


The Snohomish County Public Utility District has issues about $40 million in tax-exempt bonds that will help pay for the design and construction of two new hydroelectric plants.

Ibama denies building permit for Brazil's 11.2-GW Belo Monte hydropower plant


Brazil's Institute of the Environment and Natural Resources (Ibama), has denied an operating license for the controversial 11.2-GW Belo Monte hydropower project, saying its developers had not yet met conditions required for approval.

Guinea seeks updated environmental, social studies of 90-MW Fomi hydro project


The government of Guinea invites expressions of interest from consultants to update environmental and social studies of the proposed 90-MW Fomi hydroelectric project in the upper Niger River Basin.

Manitoba-Minnesota transmission line

Manitoba Hydro announces final route for transmission line to Minnesota


Manitoba Hydro has announced the final preferred route for its Manitoba Minnesota Transmission Project.

CEC gets go-ahead for 40-MW Kabompo Gorge hydropower plant


An implementation agreement signed this week by the Republic of Zambia and the Copperbelt Energy Corp. essentially serves as the approval for development of the 40-MW Kabompo Gorge hydroelectric plant.

Hedcor receives financing for 68.8-MW Manolo Fortich hydroelectric plant


Aboitiz Power subsidiary Hedcor Bukidnon has secured a loan worth about US$213.2 million to develop the 68.8-MW Manolo Fortich hydroelectric plant, according to a disclosure filed this week with the Philippine Stock Exchange.

Hydro Industry Financials