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    Morning Alert: F L C Hydro Power decreases 1.7% - underperforming 90% of stocks 07 April 2015 11:10 IST



    F L C Hydro Power PLC (CSE:HPFL) decreased 10.0c (or 1.7%) today to trade at LKR5.90 and has underperformed 90% of the market in the past week.

    Hummingbird Resources: Hydro-Electric Collaboration Agreement in Liberia



    Hummingbird Resources, the multi-project gold company, is pleased to announce it has signed a collaboration agreement ("the Agreement") to embark on the planning and development of a 20-30MW hydro-electric power ("HEP") plant in southeast Liberia, Africa, in an area 10km km from Hummingbird's 4.2Moz Dugbe 1 Gold Project ("Dugbe 1"). The Agreement has been signed with IFC InfraVentures, the IFC Global Infrastructure Project Development Fund, and Aldwych International, a leading energy company active in the growing economies of Africa.


    HEP plant, if developed, would:

    Fortis commissions 335MW hydroelectric plant in British Columbia


    Energy distributor Fortis, in partnership with Columbia Power and Columbia Basin Trust has commissioned a 335MW hydroelectric generating facility (the Waneta Expansion) in British Columbia, Canada.

    Andhikhola Hydro resumes operations after upgrade


    KATHMANDU, April 7 -- Capacity upgradation work of Andhikhola Hydropower Project has been completed and the power plant has restarted its commercial operations from Sunday.

    Myanmar (Burma) - Inquiry into Kachin hydro projects rejected


    03 April 2015 17:20

    The Kachin State Hluttaw on April 2 meeting rejected an inquiry seeking information concerning the termination of Confluence Region Hydropower Projects.

    PF responds to HH's Dark Days remarks


    We note that UPND leader Hakainde Hichilema in his statement about ZESCO captioned as "ZESCO CONTINUES TO DOOM ZAMBIA'S ECONOMY - MORE DARK DAYS!" acknowledges the main reason to the challenges the power utility company would grapple with, which is reduced water levels due to erratic rain season. As Mr. Hichilema knows too well, no Government has monopoly over climatic and weather conditions considering that Zambia has historically been dependent on hydro-electric power and not on other sources of energy such as nuclear, thermal, coal, among others. Unless Mr. Hichilema seeks to project himself as a Rain-maker who can raise the water levels at the Itezhi-Tezhi reservoir and Kariba Dam, the challenges owing to erratic climatic and weather patterns are part of the reasons why PF in Government is investing into expansion of existing hydro-power infrastructure but also going further to diversify to other energy sources such as Solar.

    Hummingbird Resources PLC Hydro-Electric Collaboration Agreement in Liberia


    Myanmar (Burma) - Reconsider Thanlwin power projects


    30 March 2015 00:49

    Six hydropower projects are planned along the Thanlwin River in Myanmar, expecting to generate a total of 15,000 megawatts. They include four projects in Shan State as well as one each in Kayah and Kayin states, namely the Upper Thanlwin-Kunlong hydropower project (1,400MW), Naungpha (1,000MW), Mantaung (400MW), Mongtong -Tarsan (7,000MW), Ywathit (4,500MW), and Hatgyi (1,360MW).

    Krasnoyarsk Hydro-Power Plant increases 1.3% on low volume 07 April, 2015 18:00 SAMT



    Krasnoyarsk Hydro-Power Plant (MICEX:KRSG), Russia's 8th largest Electric company by market cap, increased 90.0 Kopeck (or 1.3%) to close at RUB70.90. Compared with the MICEX Index which fell 4.7 points (or 0.3%) in the day, this represented a relative price increase of 1.6%. The volume was 0.01 times the average trading of 5,897 shares.

    Sichuan Minjiang Hydropower - A Share closes at 16.6% above VWP 07 April, 2015 15:30 CST



    Sichuan Minjiang Hydropower Co., Ltd - A Share (SS:600131), Shanghai's 47th largest Energy company by market cap, increased 12.0 fen (or 1.3%) to close at CNY9.09. The price is at a premium of 16.6% to the 1-month volume weighted average price of CNY7.80. The stock rose for a fourth consecutive day on Tuesday bringing its four-day rise to 90.0 fen or 11.0%. Compared with the SSE 180 Index which rose 200.7 points (or 2.2%) in the day, this represented a relative price change of -0.8%.

    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2. Compared with the rest of the market the stock is undervalued.

    Brazil Announces Huge 350 MW Floating Solar Power Plant


    BrazilâEUR™s energy ministry has ranked the countryâEUR™s various sources of energy as per their abundance, cheapness, renewability, and availability of the necessary technology. Among the available options, hydropower comes top, followed by wind power and biomass (mostly bagasse).

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