Company news - Page 2Stay up to date with the latest Company news updates from the global international water power industry
Minesto and Schneider Electric team up for marine energy development
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
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
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
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
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
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
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
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
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
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
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
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...
Three Gorges Dam sets new annual power generation record for 2020
China’s Three Gorges dam has set a new world record for annual power generation volume from a single hydropower station, operator China Three Gorges Corporation has announced.
Hydro-Lyse hydropower transaction completed
The planned merger of Norwegian firms Hydro and Lyse’s hydropower production initially announced in October 2020 has been completed.
En+ Group starts trading International renewable energy certificates
En+ Group has announced it has become the first energy producer and supplier in Russia permitted to trade international renewable energy certificates (I-RECs).
RSK to buy Black & Veatch’s UK and Asia water businesses
Environmental, engineering and technical services business RSK Group Limited (RSK) is close to acquiring the Water Europe and Water Asia businesses of Black & Veatch.
Joint venture planning on hydro bid
ZK International Group Co., Ltd and Tuopeng Industrial have announced plans to create a joint venture to bid on a US$700 million navigation and hydropower project in Chongqing, China.
Andritz and Mercedes-Benz Energy sign cooperation agreement for hybrid hydro-battery storage
Andritz and Mercedes-Benz Energy, a subsidiary of Mercedes-Benz, have signed a cooperation agreement that will see them offer a hybrid energy solution combining a hydropower unit with...
WSP to acquire Golder Associates
WSP has announced it has entered into an agreement to acquire global engineering and consulting firm Golder Associates, with the deal expected to be completed in the second quarter of 2021.