Hydropower Plant Semangka in Indonesia put into commercial operation.

Hydropower Plant Semangka in Indonesia put into commercial operation.

On November 16, 2018, the completion ceremony for Semangka hydropower plant (Semangka HPP) was held in Jakarta, Indonesia. The ceremony was attended by representatives of the owner – Korea Midland Power Corporation and Posco E&C, local partners of PT Perusahaan Listrik Negara (PLN), the Korean Ambassador to Indonesia, the Governor of Lampung Province as well […]

Fortum to install Nordic’s biggest battery to support grid stability.

Fortum to install Nordic’s biggest battery to support grid stability.

Fortum will take into use a significant battery solution in Sweden. The Nordic’s biggest battery to date will be installed at Fortum’s Forshuvud hydropower plant located on the Dalälven in Sweden. The battery system’s output is 5MW and the storage capacity is 6.2 megawatt-hours. The total cost of the system is approximately EUR 3 million. […]

Voltalia awarded two new hydroelectric projects in metropolitan France.

Voltalia awarded two new hydroelectric projects in metropolitan France.

Voltalia, an international player in renewable energies, has won two new hydroelectric projects in metropolitan France, for a total installed capacity of 4.4 MW After winning two solar projects in France’s national call for tender earlier this month1, Voltalia has again been selected by the French Ministry for Ecological and Inclusive Transition in a call […]

EIB finances Iberdrola´s three new dams and hydropower plants on the Tâmega and Torno rivers.

The European Investment Bank (EIB) is financing one of the most important energy sector initiatives in Portuguese history. The EU bank will provide a EUR 650m loan to Iberdrola to support a major hydro electrical project that will increase energy storage capacity in the EU, provide services to the Iberian grid operators and ultimately facilitate […]

Swedish goal of renewable electricity generation is reached 9 years in advance.

During the second quarter of 2018, investments in Swedish wind power reached the level 413 MW, according to new statistics from Swedish Wind Energy. The high investment rate makes it a priority to introduce a stop rule that balances the electricity certificate system. Otherwise, the profitability of previously made investments will be ravaged, which may […]

Germany produces enough renewable energy in six months to power country’s households for an entire year.

Germany produces enough renewable energy in six months to power country’s households for an entire year.

Germany produced enough renewable energy in the first half of 2018 to power every household in the country for a year. The nation’s combined wind, solar, biomass and hydroelectric power output hit a record 104 billion kilowatt hours (kWh) between January and the end of June, according to energy firm E.On. The figure is 9.5 […]

Project Tonstad financing agreement signed.

ENGIE and SUSI have signed the financing agreements for Project Tonstad, a 208 MW wind farm in Norway selling power under a 25-year offtake agreement with aluminium producer Hydro. Project Tonstad is located in the municipalities of Sirdal and Flekkefjord in the South of Norway and will have a capacity of 208 MW consisting of […]

Statkraft signs 18-year power contract with Hydro.

Statkraft signs 18-year power contract with Hydro.

Statkraft and Hydro Energi AS have signed a new long-term power contract for the period 2021-2038. The total volume is 15.5 TWh with annual supply of 0.75 TWh from 2021 to 2030 and 1 TWh from 2031 to 2038. The contract will contribute to supplying power to Norsk Hydro ASA’s aluminium plants in Norway in […]

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