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  1. Merger to create Norway’s biggest hydropower player

    A merger is to create the biggest player in Norway’s hydropower market as well as the largest operator of small-scale hydro plants in Europe . Norwegian companies SmÃ¥kraft and Norsk Grønnkraft are to be merged by their owner, German hedge fund Aquila Capital. The merger is expected to be effective from January 2017 and the new entity will be known as SmÃ¥kraft and consist of 90 operational hydropower plants. Simultaneously, a separate company, SmÃ¥kraft Utbygging, will be formed to solely focus on the construction and rehabilitation of small-scale hydropower plants.  Aquila Capital managing director Oldrik Verloop said the merger “is the next logical step to further consolidating our existing hydropower operations in Norway. Also, with the formation of a dedicated hydropower construction firm we aim to build five to ten plants every year and with that contribute to increasing the share of renewables in the European energy mix.” “We are confident that SmÃ¥kraft will be one of the leading hydropower players in Europe and these developments underline our interest and engagement in the sector.” Michaela M. Eder von Grafenstein, head of investment management real assets at Aquila Capital, said that the merger “comes at a time when institutional investors’ interest in renewable energy is increasing significantly. We are looking forward to contributing to the further growth of renewable energy in Norway.”

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  2. EBRD approves US$5.548 million to develop 17.2-MW Lukhuni 2 hydro in Georgia

    The European Bank for Reconstruction and Development has approved US$5.548 million in debt financing for the development, construction and operation of the 17.2-MW Luhkuni 2 small hydro plant in Georgia.

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  3. 500-kW Benlister small hydro plant operating on Isle of Arran, Scotland

    The 500-kW Benlister small hydro plant is now operating on the Benlister Burn to the west of Lamlash on the Isle of Arran.

    Online Articles

    Online Articles

    Mon, 21 Nov 2016

  4. First unit commissioned at India’s 120-MW Pulichinthala hydroelectric project

    Bharat Heavy Electricals Limited (BHEL) announced it has commissioned the first of four units at the 120-MW Pulichinthala hydroelectric project.

    Online Articles

    Online Articles

    Thu, 1 Dec 2016

  1. ContourGlobal to acquire seven hydroelectric plants from Neoenergia in Brazil

    Online Articles

    Online Articles

    Tue, 29 Nov 2016

  2. Eagle Creek Renewable Energy acquires 19-MW Worumbo small hydropower facility

    Eagle Creek Renewable Energy LLC announced today it has acquired Brown Bear II Hydro Holdings LLC, which owns the 19-MW Worumbo run-of-river hydroelectric facility on the Androscoggin River in Lisbon Falls, Maine.  

    Online Articles

    Online Articles

    Tue, 29 Nov 2016

  3. Alternative energy regulation in Ukraine - an inside view

    Ukraine's alternative energy sector remains attractive for investors despite certain peculiarities of financing such projects in Ukraine, the cancellation of some tax benefits and a decrease in the FiT amount. There is also interest in this sector on the part of communal enterprises, which aim to sort out problems with landfills and wastewater treatment plants or optimize street lighting in cities. So how much could be earned through ‘green’ energy?

    Online Articles

    Online Articles

    Tue, 22 Nov 2016

  4. GE upgrading control systems at 1,602-MW Mingtan pumped storage in Taiwan

    Taiwan Power Company has chosen GE’s Power Conversion business to provide upgrades to two sets of startup frequency converter control systems at its 1,602-MW Mingtan pumped storage plant.

    Online Articles

    Online Articles

    Tue, 22 Nov 2016

  5. Energo-Pro to build 99.5-MW hydro plant in Turkey

    Czech company Energo-Pro signed an agreement at the Ministry of Foreign Affairs to build a 99.5-MW hydro plant in Erzurum province in northeastern Turkey, according to Radio Praha.

    Online Articles

    Online Articles

    Fri, 26 Aug 2016

  6. G&Em s.r.o. delivers equipment, wins contract for work at small hydro plants

    G&Em s.r.o. has delivered equipment to one small hydro plant and won a contract for work at several others in Czech Republic and Slovakia, according to a company press release.

    Online Articles

    Online Articles

    Tue, 12 Jan 2016

  7. Oil spill under investigation at 8-MW Paradise River small hydro plant in Canada

    An investigation is under way to determine the cause of an oil spill at Newfoundland and Labrador Hydro’s 8-MW Paradise River small hydro plant , according to The Southern Gazette.

    Online Articles

    Online Articles

    Tue, 27 Sep 2016

  8. Take a hydro plant technical tour at HydroVision International 2016

    Attendees at HydroVision International 2016 can choose from several different technical tours to nearby hydro plants .

    Online Articles

    Online Articles

    Fri, 13 May 2016

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