&
  • Connect With Us:
  • HydroWorld.com Wire News

    QtrRevenue GrowthNet Profit MarginSep 14-1.4Jun 14-21.43

    YearRevenue GrowthDec 13-13.7Dec 1210.9Dec 1124.5Dec 1041.3

    Consumers Energy Hydros Helping Bald Eagle Recovery; Record Number of Eagles Are Nesting Midway Through Management Plan

    03/03/2015

     Beneficial habitat created by Consumers Energy dams helped bald eagles in 2014 reach a record 750 breeding pairs in Michigan.

    "Many of the eagles soaring over Michigan today trace their roots to eagles that nested near Tippy Dam and other hydro facilities Consumers Energy operates along the Manistee, Au Sable and Muskegon rivers," said Gary Dawson, director of land and water policy at Consumers Energy.

    The dams create backwater habitat where eagles can find secluded nesting sites and plenty of fish that are safe for them to eat.

    Consumers Energy Hydros Helping Bald Eagle Recovery

    03/03/2015

    Consumers Energy issued the following news release:

    Beneficial habitat created by Consumers Energy dams helped bald eagles in 2014 reach a record 750 breeding pairs in Michigan.

    "Many of the eagles soaring over Michigan today trace their roots to eagles that nested near Tippy Dam and other hydro facilities Consumers Energy operates along the Manistee, Au Sable and Muskegon rivers," said Gary Dawson, director of land and water policy at Consumers Energy.

    The dams create backwater habitat where eagles can find secluded nesting sites and plenty of fish that are safe for them to eat.

    Guangdong No.2 Hydropower Engineering - A Share falls for a third consecutive day, a three-day fall of 2.5% 03 March, 2015 15:30 CST

    03/03/2015

    CHINESE DAILY STOCK REPORT

    Guangdong No.2 Hydropower Engineering Co - A Share (SZ:002060), Shenzhen's 32nd largest energy company by market cap, fell 14.0 fen (or 1.8%) for a third consecutive day on Tuesday bringing its three-day fall to 20.0 fen or 2.5%. The stock last traded at CNY7.65. Compared with the SZSE 100 Index which fell 25.4 points (or 0.55%) in the three days, this represented a relative price change of -2.0%. This has been exacerbated by firm volume of 1.5 times average.

    BEARISH SIGNALS
    Fundamentals:
    + Net profit margin has averaged 1.6% in the last 3 years. This suggests the company is less profitable with a low margin of safety.
    + As per the Du Pont analysis, Return on Equity is less than stellar at 3.6%. This is computed as net profit margin of 1.7% times asset turnover [sales/assets] of 0.49 times leverage factor [total assets/shareholders' equity] of 4.5.
    + Net Profit margin is positive but falling in recent quarters. [Quarter ended, all figures in %]

    Alstom Tianjin to supply hydropower turbine generators for a plant in Uganda

    03/03/2015

    Alstom Tianjin to supply hydropower turbine generators for a plant in Uganda TIANJIN, Mar. 3 (Xinhua) - Alstom Tianjin plant was awarded a contract worth 58 million euros by China's Sinohydro to supply electromechanical equipment and technical services for Karuma Hydropower Project in Uganda. This is Alstom's third contract awarded by Sinohydro after previous successful cooperation, the company said in a release on its website on Monday. Alstom will provide six 100MW Francis turbine generator sets and related equipments for the project. As Uganda's largest hydropower project, the Karuma electricity plant has a capacity of 600MW and is expected to provide 40 percent of power supply for Uganda upon operation, according to the release. (Edited by Niu Huizhe, niuhuizhe@xinhua.org

    ECNEC meeting: Govt approves funding for Diamer-Bhasha dam

    03/03/2015

    vg

    After months of foot-dragging and delays, the federal government on Monday finally approved Rs101 billion for land acquisition for the construction of Diamer-Bhasha dam as well as the rehabilitation of people who would be displaced, clearing one of the biggest hurdles to completing the $14 billion, 4,500-megawatt hydroelectric power plant, the largest infrastructure project in Pakistan since the construction of the Tarbela dam in 1974.

    Headed by Finance Minister Ishaq Dar, the Executive Committee of the National Economic Council (ECNEC) the country's highest authority for development spending approval cleared the Water and Power Ministry's funding request for the project, despite having termed this level of cost to be "exorbitant" in its October meeting.

    Chilime Hydro Power increases 0.6% on low volume 03 March, 2015 15:00 NPT

    03/03/2015

    NEPALESE DAILY STOCK REPORT

    Chilime Hydro power Co. (NEPSE:CHCL), Nepal's largest hydropower company by market cap, increased NPR10.0 (or 0.6%) to close at NPR1,635.0. Compared with the Nepse Index which fell 3.4 points (or 0.4%) in the day, this represented a relative price increase of 1.0%. Trading volume was 61% lighter than average. The stock rose for a second day on Tuesday bringing its two-day rise to NPR35.0 or 2.2%.

    Central Hydropower increases 0.6% - outperforming 86% of stocks 03 March, 2015 17:30 ICT

    03/03/2015

    VIETNAMESE DAILY STOCK REPORT

    Central Hydropower Joint Stock Company (HNU:CHP), Vietnam's 3rd largest energy company by market cap, increased VND100.0 (or 0.6%) to close at VND15,500.0. In the Vietnam market of 448 stocks traded today, the stock has a 6-month relative price strength of 86 which means it is outperforming 86% of the market. A price rise combined with a high relative strength is a bullish signal. Compared with the VN Index which rose 7.1 points (or 1.2%) in the day, this represented a relative price change of -0.6%.

    Sichuan Minjiang Hydropower - A Share drops 2.0% on firm volume 03 March, 2015 15:30 CST

    03/03/2015

    CHINESE DAILY STOCK REPORT

    Sichuan Minjiang Hydropower Co., Ltd - A Share (SS:600131), Shanghai's 50th largest energy company by market cap, dropped 14.0 fen (or 2.0%) to close at CNY6.76. Compared with the SSE 180 Index which fell 216.1 points (or 2.7%) in the day, this represented a relative price increase of 0.7%. This has been exacerbated by firm volume of 1.5 times average.

    BEARISH SIGNALS
    Fundamentals:
    + Net profit margin has averaged 0.9% in the last 3 years. This suggests the company is less profitable with a low margin of safety.
    + Revenue growth rate has shown signs of deterioration in recent years. [Year ended, all figures in %]

    State Intellectual Property Office of China Publishes Li Hongjiang, Li Jiahai and Luo Xiuzhen's Patent Application for New Method and Novel Device for Power Generation by Locks of River Hydropower Stations

    03/03/2015

    Publication Name: Energy Patent News Patent Application Number: CN20121395259 20120928 Patent Publication Number: CN103711635 (A) International Patent Classification Codes: E02C1/04, F03B17/02 Cooperative Patent Classification Codes: Y02E10/20 Patent Status: Application

    Global concerns for Chinese dams

    03/03/2015

    Guwahati, Feb. 28 -- Concerns are being repeatedly raised by many environmentalists and journalists from time to time as the Chinese have completed the hydro-electric project in the middle reaches of Brahmaputra which is called the Zangmu dam in Tibet. Indeed, there are valid reasons which cannot be brushed aside.

    Communist China is known as a dammed nation. China has more large dams than any other country in the world, including the world's largest ' the Three Gorges Dam. Chinese companies are rapidly exporting their large dam-building model overseas. Chinese companies are involved in constructing some 300 dams in 66 different countries, particularly in Africa and Southeast Asia. Today there are more than 87,000 dams in China. The tallest dam in China is the Xiaowan Dam at 958 ft which is also the tallest arch dam in the world. China has become a serious threat to the global environment.

    Mitsibushi set to win $1.09bn contract to build 2.4GW hydro-electric facility in Qatar

    03/03/2015

    Future Power Technology has issued following press release:

    Qatar Electricity and Water Company (QEWC) intends to award a QR4bn ($1.09bn) contract to Mitsibushi for construction of a power and water producing facility in the country.

    Haitian Hydropower International sinks 4.4% on thin volume 03 March, 2015 17:00 HKT

    03/03/2015

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) sank 7.0c (or 4.4%) to close at HKD1.51. Compared with the Hang Seng Index which fell 184.7 points (or 0.7%) in the day, this represented a relative price change of -3.7%. The volume was 0.8 times the average trading of 660,899 shares.

    BEARISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 5.3. Compared with the rest of the market the stock is overvalued and ranks in the bottom 6% of stocks by value of Q Ratio.
    + As per the Du Pont analysis, Return on Equity is less than stellar at 5.0%. This is computed as net profit margin of 20.0% times asset turnover [sales/assets] of 0.13 times leverage factor [total assets/shareholders' equity] of 1.9.

    World Bank lifts ban on Alstom to compete for projects

    03/03/2015

    Future Power Technology has issued following press release:

    The World Bank has released Alstom Hydro France from debarment, which opens up scope for the hydropower generating unit of the French manufacturer to compete for projects financed by the World Bank.

    Guangdong Meiyan Jixiang Hydropower rises to test 4.0 03 March, 2015 15:30 CST

    03/03/2015

    CHINESE DAILY STOCK REPORT

    Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SS:600868), Shanghai's 11th largest engineering & construction company by market cap, rebounded after hitting a low for the day of CNY3.88 and rose back to test the 4.0 hurdle. The stock price jumped 39.0 fen (or 9.9%) to close at CNY4.32. Compared with the SSE 180 Index which fell 216.1 points (or 2.7%) in the day, this represented a relative price increase of 12.6%.

    BULLISH SIGNALS
    Fundamentals:
    + The total dividend paid over the past 12 months was 0.50 fen per share, comprising one dividend of 0.50 fen.

    F L C Hydro Power in its biggest trailing week loss for 1 month 03 March, 2015 03:30 IST

    03/03/2015

    SRI LANKAN DAILY STOCK REPORT

    F L C Hydro Power PLC (CSE:HPFL), decreased 10.0c (or 1.4%) to close at LKR7.20. In the past week the shares have tumbled 6.5%, the biggest trailing week fall since February 02. Compared with the All Share Price Index which rose 1.2 points (or 0.02%) in the day, this represented a relative price change of -1.4%.

    BEARISH SIGNALS
    Fundamentals:
    + As per the Du Pont analysis, Return on Equity is less than stellar at 0.7%. This is computed as net profit margin of 6.3% times asset turnover [sales/assets] of 0.09 times leverage factor [total assets/shareholders' equity] of 1.2.

    Alstom Tianjin to supply hydropower turbine generators for a plant in Uganda

    03/03/2015

    Alstom Tianjin to supply hydropower turbine generators for a plant in Uganda TIANJIN, Mar. 3 (Xinhua) - Alstom Tianjin plant was awarded a contract worth 58 million euros by China's Sinohydro to supply electromechanical equipment and technical services for Karuma Hydropower Project in Uganda. This is Alstom's third contract awarded by Sinohydro after previous successful cooperation, the company said in a release on its website on Monday. Alstom will provide six 100MW Francis turbine generator sets and related equipments for the project. As Uganda's largest hydropower project, the Karuma electricity plant has a capacity of 600MW and is expected to provide 40 percent of power supply for Uganda upon operation, according to the release. (Edited by Niu Huizhe, niuhuizhe@xinhua.org

    National Hydro Power decreases 0.8% - trailing 94% of stocks 03 March, 2015 15:00 NPT

    03/03/2015

    NEPALESE DAILY STOCK REPORT

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest hydropower company by market cap, decreased NPR1.0 (or 0.8%) to close at NPR121.0. In the Nepalese market of 72 stocks traded today, the stock has a 6-month relative price strength of 6 indicating it is trailing 94% of the market. Compared with the Nepse Index which fell 3.4 points (or 0.4%) in the day, this represented a relative price change of -0.5%.

    Butwal Power increases on low volume 03 March, 2015 15:00 NPT

    03/03/2015

    NEPALESE DAILY STOCK REPORT

    Butwal Power Co. Ltd. (NEPSE:BPCL), Nepal's 2nd largest hydropower company by market cap, increased NPR3.0 (or 0.5%) to close at NPR633.0. Compared with the Nepse Index which fell 3.4 points (or 0.4%) in the day, this represented a relative price increase of 0.8%. Trading volume was 86% lighter than average.

    Good start to Ludlow hydro electric share sale

    03/03/2015

    MORE than £100,000 worth of shares in a Ludlow hydro electric power scheme have been sold within days.

    The Ludlow Hydro Electric Power Scheme sold £120,000 worth of shares in just four days.

    Arun Valley Hydropower Development drops 1.4% on high volatility 03 March, 2015 15:00 NPT

    03/03/2015

    NEPALESE DAILY STOCK REPORT

    Arun Valley Hydropower Development Company Limited (NEPSE:AHPC), Nepal's 4th largest hydropower company by market cap, traded between an intraday low of NPR345.0 and a high of NPR357.0, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 3.5% places the stock in the 1st quartile in the market meaning it is highly volatile. Today its volatility (highest price minus lowest price/lowest price) of 3.5% equalled the average daily volatility, up from 1.2% on Monday and 1.2% on Sunday. The stock price decreased NPR5.0 (or 1.4%) to close at NPR346.0. Compared with the Nepse Index which fell 3.4 points (or 0.4%) in the day, this represented a relative price change of -1.1%.

    Wire news brought to you by

    01/01/2015
    Volume 34, Issue 1
    1501HRc1
    01/01/2015
    Volume 23, Issue 1
    cover