Wood Group completes acquisition of Amec Foster Wheeler.

Wood Group completes acquisition of Amec Foster Wheeler.

Wood Group has completed its acquisition of Amec Foster Wheeler, and the new company will be called Wood. “This transformational acquisition creates a global leader in the delivery of project, engineering and technical services to energy and industrial markets,” said Robin Watson, Wood Group chief executive. “Wood is better placed to serve customers than ever […]

OPG, First Nations Group partner on Ontario Hydro Project.

OPG, First Nations Group partner on Ontario Hydro Project.

A partnership between Ontario Power Generation (OPG) and Coral Rapids Power, a wholly owned subsidiary of Taykwa Tagamou Nation (TTN), a Cree nation in northeastern Ontario, in late August announced the completion of a two-unit, 28-MW hydropower project in the province. The $300 million construction project involved more than 200 workers, including about 50 indigenous […]

Land to be allocated for the Tanahu hydropower reservoir in Nepal.

Land to be allocated for the Tanahu hydropower reservoir in Nepal.

The Government of Nepal has decided to provide 19,600 ropanis of land for the development of the Tanahu reservoir hydroelectricity project in Tanahu district. The Cabinet meeting held on August 15 decided to provide the land to develop the 140-megawatt project. According to the Ministry of Land Reform and Management (MoLRM), the Tanahu Hydropower Ltd (THL) […]

Nepal Electricity Authority signs PPA with Upper Trishuli HPP.

Nepal Electricity Authority signs PPA with Upper Trishuli HPP.

The Nepal Electricity Authority (NEA), the state-owned power utility has signed the power purchase agreement (PPA) with 37 MW Upper Trishuli 3B Hydropower Project to purchase the hydroelectricity generated by the project. The NEA and Trishuli Hydropower Company, the promoter of the project signed the PPA on Wednesday amid a ceremony. Kul Man Ghising, the […]

San Miguel to build hydropower plant in Tarlac.

San Miguel to build hydropower plant in Tarlac.

San Miguel Corp. (SMC) on Wednesday confirmed plans to put up a hydropower project in Tarlac province, under unit Strategic Power Development Corp. “Strategic Power Development Corp. (SPDC) is interested in developing the 500-megawatt Bulsa pumped-storage hydro project in Tarlac province,” the company said in a regulatory filing. SPDC operates as subsidiary of SMC Global […]

Water Authority solicits proposals for potential joint energy storage facility with City of San Diego.

Water Authority solicits proposals for potential joint energy storage facility with City of San Diego.

Potential 500-megawatt pumped storage project at the San Vicente Reservoir site could help stabilize water rates The San Diego County Water Authority this week issued a Request for Proposals for a potential joint energy storage project with the City of San Diego that could lessen upward pressure on water rates and also increase opportunities for renewable […]

New mini hydro plants delivering power for Melbourne.

New mini hydro plants delivering power for Melbourne.

Five new Melbourne Water mini hydroelectric power plants have arrived at their new homes at Dandenong, Wantirna, Mount Waverley, Boronia and Cardinia Creek and they are already putting power back into the grid.​ The plants were delivered in pre-assembled, self-contained units, offering simple, weather resistant power delivery solutions which can be brought online quickly. This […]

EIB earmarks US$4 million for rehabilitation at hydropower plants in Georgia.

EIB earmarks US$4 million for rehabilitation at hydropower plants in Georgia.

As part of a US$285 million loan package to Georgia, the European Investment Bank (EIB) earmarked $4 million of the funds for application to rehabilitation at two hydropower projects in the former Soviet state, according to an EIB press release today. Engurhesi Ltd. (Engurhesi) is the state-owned company responsible for operating the facilities; the 1,250-MW […]

Brookfield Renewable issues US$475 million project-level green bond.

Brookfield Renewable issues US$475 million project-level green bond.

Brookfield Renewable Partners yesterday announced the issuance of its inaugural green bond, a US$475 million project financing secured against its 380MW White Pine hydroelectric portfolio in Maine. The non-amortizing, 4.4% green bond due in 2032 was issued by way of private placement. Citing Brookfield Renewable’s environmental stewardship, commitment to renewable power, and use of proceeds towards […]

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