Glennmont seeks more than 500MW of investment opportunities in clean energy.

Glennmont seeks more than 500MW of investment opportunities in clean energy.

Glennmont Partners has expanded its investment capacity in the clean energy infrastructure space and now has three funds under management – these are Fund I (2010) and Fund II (2013), which are fully invested, and now a new third Fund (2017).  Opportunities are being sought for a portfolio of clean energy infrastructure projects in Europe. […]

Innergex completes $1.1 billion acquisition of Alterra Power.

Innergex completes $1.1 billion acquisition of Alterra Power.

Innergex Renewable Energy Inc. completed the previously disclosed acquisition of Alterra Power Corp. by way of an arrangement agreement pursuant to which Innergex acquired all of the issued and outstanding common shares of Alterra for an aggregate consideration of $1.1 billion, including the assumption of Alterra’s debt. Innergex’s acquisition of Alterrra, its largest and most […]

Seven consortia selected as finalists for 365 MW Cameroon project.

Seven consortia selected as finalists for 365 MW Cameroon project.

Energy developer Platinum Power SA has pre-qualified seven consortia for the design and construction of a 365 MW hydropower plant near Makay, Cameroon. Named today as finalists for the turnkey contract were groups including: Acciona Construction / Acciona Industrial / Cooperativa Muratori Cementisti Ravenna ; Andrade Gutierrez Engenharia S.A / Andrade Gutierrez Europa, Africa, Asia […]

Greensmith, AEP to install 4 MW storage system at Virginia hydro plants.

Greensmith, AEP to install 4 MW storage system at Virginia hydro plants.

Greensmith Energy, a division of Wartsila, and American Electric Power have agreed to install a 4 MW energy storage system integrated with the Buck and Byllesby hydroelectric power plants in southwest Virginia. The integration of energy storage and software with hydroelectric generation is seen to be a world’s first hybridized system of its kind to provide ancillary […]

Mambilla: Governor Ishaku expresses doubts over Buhari’s hydropower project.

Mambilla: Governor Ishaku expresses doubts over Buhari’s hydropower project.

Governor of Taraba State, Darius Ishaku, has expressed reservations over the construction of the 3,050 megawatts Mambilla Hydropower Project approved by the Federal Executive Council. He made this known in Abuja when he featured on Channels Television’s interview programme ‘Hard Copy’ which was anchored by Maupe Ogun. The Minister of Power, Works and Housing, Babatunde […]

World Bank rates Pakistan among top private participation investment countries.

World Bank rates Pakistan among top private participation investment countries.

Pakistan has been grouped in top five highest private participation investment (PPI) countries owing to a few multi-billion dollar power projects, with two hydropower plants worth $3.6 billion during the first half of 2017. A half year update on private participation in infrastructure (PPI) published by the World Bank WB) says that Indonesia was the […]

Minister says one third of Armenian small hydraulic power plants may be closed.

Minister says one third of Armenian small hydraulic power plants may be closed.

One-third of small hydropower plants in Armenia face the risk of being closed in the next five years, energy infrastructures and natural resources minister Ashot Manukyan told journalists last Friday. “Some 99% of small hydropower plants operating in Armenia were built on relatively cheap loans provided by international lending institutions. Parts of older plants were […]

China to hasten work on $2 bn Karot project that India has objected to.

China to hasten work on $2 bn Karot project that India has objected to.

China plans to complete ahead of schedule a USD two billion hydropower project in Pakistan-occupied Kashmir (PoK) to ease energy crisis in Pakistan. Karot Hydropower Project is being built on Jhelum river on “Build-Own-Operate-Transfer” basis for 30 years. It will be owned by the Chinese company for 30 years, after which ownership will be turned […]

The Indian Govt’s proposal to build a mega dam in Arunachal Pradesh makes even hydropower companies wary.

The Indian Govt’s proposal to build a mega dam in Arunachal Pradesh makes even hydropower companies wary.

The 10,000-megawatt project on the Siang river would ‘submerge the district headquarters of Upper Siang district’. On September 26, a delegation of the Arunachal Pradesh government led by Chief Minister Pema Khandu attended a presentation in Delhi by the Central government think tank Niti Aayog “on [a] proposed Multipurpose River Valley Project for Siang River”. […]

Water filling begins at Neelum-Jhelum project.

Water filling begins at Neelum-Jhelum project.

The strategically important 969-megawatt Neelum-Jhelum Hydropower Project achieved a major milestone as water filling in the reservoir began on Tuesday following completion of substantial work on the dam. The Neelum-Jhelum Hydropower Project is being constructed on Neelum River in Azad Jammu and Kashmir (AJK). The project is an engineering marvel with 90% being underground in […]

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