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Latest Company news Update

AFRY to advise EBRD on sustainable energy projects
23 April, 2021
AFRY has been selected as one of the framework consultants to provide...
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Uzbekhydroenergo and EDF explore plans for collaboration
Tuesday, April 20, 2021 by Uzbekistan’s state hydropower developer Uzbekhydroenergo (UGE) and French generating firm EDF could work together on the development of the first pumped storage project in...

Bodycote targets ocean energy following collab with CorPower
Tuesday, April 13, 2021 by Bodycote, a provider of heat treatments and specialist thermal processing services, is targeting the marine renewables sector after securing work with wave energy firm CorPower Ocean.

Bentley iTwin to harness capabilities of NVIDIA Omniverse
Tuesday, April 13, 2021 by Infrastructure engineering software company Bentley Systems, Incorporated has announced it is developing applications using the NVIDIA Omniverse platform for photorealistic,...

Aitken Spence expands hydro portfolio
Monday, April 12, 2021 by Sri Lanka-based Aitken Spence PLC has announced it has acquired hydropower operator Waltrim Energy Limited, a subsidiary of Sunshine Holdings PLC for Rs. 900 million. The company...

Akuo acquires PVB Power Bulgaria
Thursday, April 08, 2021 by Independent renewable energy developer Akuo has announced it is expanding its hydro presence in Bulgaria through the acquisition of PVB Power Bulgaria.

ABB joins forces with Nozomi Networks to strengthen cyber security services
Monday, March 29, 2021 by ABB and Nozomi Networks Inc are joining forces to address the growing demand for improved Operational Technology (OT) cybersecurity solutions for energy, process and hybrid industries.

Thordon Bearings appoints new distributor
Wednesday, March 17, 2021 by Thordon Bearings has announced the appointment of Millstream Engineering as an authorized distributor for the Southern and North-Western Ontario regions, as well as providing support...

Minesto and Schneider Electric team up for marine energy development
Monday, March 15, 2021 by Minesto and Schneider Electric are to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology following the signing of a Memorandum of Understanding.

Tirupati Graphite to redevelop hydro facilities and initiate further studies
Tuesday, March 09, 2021 by Tirupati Graphite plc, the specialist graphite producer and graphene developer with operations in Madagascar and India, is redeveloping hydropower facilities at its Sahamamy...

CorPower extends equity funding for commercial scale demonstration
Wednesday, February 24, 2021 by Wave energy technology developer CorPower has announced it has extended its equity funding to €20.3 million for the commercial scale demonstration of its technology after securing...

Dam upgrade investment decision reassessed for value
Friday, February 19, 2021 by A project to upgrade Lake Macdonald Dam in Noosa, Queensland, Australia will be reassessed to ensure prudency while also meeting dam safety, water security, environmental and...

Agreement signed for commercialization of WireScan technology
Thursday, February 18, 2021 by Hydro-Québec has entered a commercialization agreement for its patented WireScan technology with ASI Services Techniques Inc (ASI), a division of ASI Group Ltd.

RusHydro signs first non-regulated agreement for hydropower supply
Wednesday, February 17, 2021 by RusHydro is to supply electricity produced by the Sayano-Shushenskaya hydropower plant to gold producer PJSC Polyus after signing a bilateral power purchase agreement.

AEP sells Racine plant to Eagle Creek
Wednesday, February 10, 2021 by American Electric Power (Nasdaq: AEP) has agreed to sell the 48MW Racine hydropower plant in Ohio, US, to Eagle Creek Renewable Energy. The sale of Racine – which is owned by...

Global TBM buys Robbins assets
Tuesday, February 09, 2021 by Global TBM Company, a firm newly established by industry veteran Lok Home, has announced it has purchased substantially all the assets of The Robbins Company, with the TBM company set...

IRENA and IHA partner to advance sustainable hydropower
Friday, February 05, 2021 by The International Renewable Energy Agency (IRENA) and the International Hydropower Association (IHA) are to work together in a bid to accelerate the development, financing and...

AFRY acquires freshwater ecology specialist EKOM
Tuesday, February 02, 2021 by AFRY has announced it has acquired freshwater ecology specialist EKOM in a bid to accelerate and enhance its work on Sweden’s national plan for reconsideration of hydropower's...

ABB helps Axpo develop Switzerland’s first digital hydropower plant
Tuesday, January 12, 2021 by The motors at one of the Axpo’s hydropower plants in Switzerland have been converted into smart, wirelessly monitored devices thanks to ABB Ability™ Smart Sensors and ABB...

Bombora and MOL team up for marine energy projects in Japan
Thursday, January 07, 2021 by Mitsui O.S.K. Lines, Ltd (MOL) has entered into an agreement with marine energy developer Bombora to identify wave energy potential in Japan, with the partnership looking to...

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