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 […]

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 […]

KOMIPO to carry out hew hydropower project in Indonesia

KOMIPO to carry out hew hydropower project in Indonesia

Korea Midland Power Co. (KOMIPO) said it signed a joint development agreement (JDA) on the Sipborpa Hydropower Project in Jakarta, Indonesia on March 14. The event was attended by Chung Chang-kil, president of KOMIPO, Kim Jae-moo, PT.BS Energy, Ade Rusdy, president of PT. Sinar Toba Energy, and Dr. Park Seung-woo of Dohwa Engineering among others. […]

Pöyry awarded design services assignment for a HPP in Turkey.

Pöyry awarded design services assignment for a HPP in Turkey.

Kalehan Genç Enerji Üretim A.S. has awarded Pöyry the detailed design services assignment for the Lower Kaleköy Hydroelectric Power Plant and Dam in Turkey. The assignment includes the execution of the detail design for the civil engineering of the powerhouse, and structural reviews, including the roller-compacted concrete (RCC) dam, power intake and penstocks, piano-key weir […]

InfraCo Asia to develop HPPS in the Philippines with Alternergy.

InfraCo Asia to develop HPPS in the Philippines with Alternergy.

InfraCo Asia enters Joint Investment and Development Agreement with Alternergy for Philippines Hydro Power Projects. InfraCo Asia Development Pte. Ltd. (IAD) is pleased to announce that on Thursday 28 April 2016 it entered into a Joint Investment and Development Agreement (JIDA) and a Convertible Loan Agreement (CLA) with Alternergy Hydro Partners Corporation (AHPC), a developer […]

Groundbreaking for SHPP ‘Alte Bleiche’ on Voith factory premises.

Groundbreaking for SHPP ‘Alte Bleiche’ on Voith factory premises.

Groundbreaking for small hydropower plant ‘Alte Bleiche’ on Voith factory premises Heidenheim. 29/04/2016 — The technology Group Voith is building a small hydropower plant on its factory premises in Heidenheim, which will serve as a demonstration hydro power plant for customers, employees and the interested public. It will use an innovative concept to generate electricity […]

Moody’s affirms EPM’s Baa3 rating; outlook remains positive.

Moody’s affirms EPM’s Baa3 rating; outlook remains positive.

New York, April 18, 2016 — Moody’s Investors Service (Moody’s) affirmed today the Baa3 Issuer and senior unsecured ratings of Empresas Publicas de Medellin S.A. E.S.P. (EPM). The outlook remains positive. RATINGS RATIONALE “Today’s rating action is largely prompted by Moody’s assessment of EPM’s satisfactory liquidity profile” said Natividad Martel, Moody’s Vice-President – Senior Analyst. […]

Veo concludes largest hydropower agreement in its history.

Veo concludes largest hydropower agreement in its history.

Finnish cleantech company Veo has had operations in Norway for 25 years. Veo, a Finnish energy technology company, has concluded a significant framework agreement with the Norwegian company Eidsiva Vannkraft on electrification and automation systems for the Eidsiva hydropower plant. This is the largest agreement Veo has ever made in its hydropower operations. Eidsiva is […]