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Latest Company news Update

Hydro and Lyse to establish joint hydropower company
21 October, 2020
Norwegian firms Hydro and Lyse are to merge part of their...
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Scatec Solar to buy SN Power
Friday, October 16, 2020 by Scatec Solar has signed a US$1.166 billion deal to acquire hydropower developer SN Power from Norfund, a major step in its bid to become a global large-scale player in solar, hydro,...

Alperia takes stake in Hydrodata, launches new project
Monday, October 12, 2020 by Alperia has announced it has acquired a majority stake in Hydrodata, and is launching Water 4.0 – a project with applications in both the hydroelectric and general water sectors.

Hatch and LTK in final stages of merger discussion
Friday, October 09, 2020 by Hatch and LTK have confirmed they are the final stages of negotiating an integration of the two firms.

ABB plans to double number of women in management roles by 2030
Thursday, October 08, 2020 by ABB has announced plans to have 25% of its senior management positions worldwide filled by women, doubling the current number of 12.5%.

Manitoba Hydro says no decisions made on future of subsidiary
Thursday, October 08, 2020 by Manitoba Hydro has made no decision regarding the future of its wholly owned subsidiary, Manitoba Hydro International (MHI), the utility has said in a statement, addressing ongoing...

Gilkes invests in new computing cluster
Monday, September 28, 2020 by Gilkes has announced it has installed a new high performance computing (HPC) cluster for running CFD simulations, marking a major upgrade to its fluid flow analysis capability...

New 70-year concession for Gösgen plant, investments planned
Thursday, September 24, 2020 by Gösgen hydropower plant in Switzerland has been granted a new concession for 70 years, Alpiq has announced, with the company set to invest CHF 63 million (US$68 million) over the next...

Snowy Hydro engaging younger generation with new digital pop-up book
Wednesday, September 23, 2020 by Snowy Hydro is hoping to engage the younger generation in the renewable energy sector through the launch of a new digital pop-up book that showcases the Snowy 2.0 project.

JLEN acquires hydropower facilities
Monday, September 21, 2020 by Environmental infrastructure fund JLEN has acquired two operational hydro projects as part of a £4.74 million acquisition of Northern Hydropower Holdings Limited (NHHL).

Norwegian firms to explore merger options
Wednesday, September 16, 2020 by The CEO’s of Norwegian firms Glitre Energi and Agder Energi have been authorised by their boards to explore the possibilities for a merger between the two companies

Cloudberry to buy Norwegian hydro plant
Wednesday, September 02, 2020 by Nordic renewable energy company Cloudberry Clean Energy AS is to acquire Åmotsfoss Kraft AS, a hydropower plant currently being constructed in Nissedal municipality in Norway.

AFRY establishes Vietnamese subsidiary
Tuesday, September 01, 2020 by AFRY has announced it has established a new subsidiary to serve the growing Vietnamese consulting engineering market – AFRY Vietnam Limited.

Jade Power completes hydro sale
Tuesday, August 11, 2020 by Jade Power Trust has completed the sale of its Vistea (Suha) hydro project to an undisclosed buyer.

CorPower invests in wave energy project in northern Portugal
Wednesday, July 08, 2020 by CorPower Ocean is investing €16 million into a R&D, Manufacturing & Service Centre for Wave Energy Converters in Viana do Castelo, northern Portugal, with the location chosen to...

Statkraft starts operations at Moglicë hydro plant, Albania
Tuesday, June 23, 2020 by Commercial operations have started at the Moglicë hydropower plant in Albania, Statkraft has announced, with the project delivering power to the country’s grid.

Landsvirkjun plans to house hydrogen facility at Ljósifoss hydropower station
Tuesday, June 16, 2020 by Icelandic power company Landsvirkjun has unveiled plans for the development a hydrogen production facility at the 16MW Ljósifoss Hydropower Station.

Project to assess hydro potential in the Aral Sea Basin
Monday, June 15, 2020 by A joint venture of Multiconsult and Deltares has been commissioned by the Regional Environmental Centre for Central Asia to deliver hydropower capacity building and research for the...

KBR and Aurecon JV to assist WaterNSW with dam projects
Tuesday, June 09, 2020 by WaterSecure – a joint venture comprising KBR and Aurecon – is to assist WaterNSW with the planning, development and delivery of three major dam projects, and potentially more projects...

EMEC aiding POM West Flanders to bring blue economy test platform to market
Friday, June 05, 2020 by The European Marine Energy Centre (EMEC) is assisting POM West Flanders, the regional development agency for West Flanders, Belgium, to turn the ‘Blue Accelerator’ test platform into...

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