Project finance - Page 1
Stay up to date with the latest Project finance updates from the global international water power industryLatest Project finance Update
The US.Department of Energy (DOE) has distributed $13.5 million in...
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WPTO announces funds for research on fish passage and protection technologies
The US Department of Energy’s Water Power Technologies Office (WPTO) has released details of a $4 million funding opportunity to reduce the environmental impacts of hydropower...
USBR awards $150,000 to winners of AMPS Challenge improving reliability in hydropower plants
Two teams are set to receive $50,000 for their ideas to automate protection systems testing for hydropower generators and other protective relays systems after being selected as...
Innergex completes refinancing of assets in Chile
Innergex Renewable Energy Inc. has successfully completed a US$803.1 million refinancing of the non-recourse debt of its portfolio of wholly owned assets in Chile with the issuance...
NIB helps fund energy storage on Faroe Islands
The Nordic Investment Bank (NIB) has agreed to loan DKK 250 million (€33.60 million) to power company SEV to finance the construction of a pumped storage system to allow for new...
Britain and Norway partner for African hydropower
UK Prime Minister Boris Johnson has announced that British International Investment (BII) is to invest up to £160 million into a joint venture between Norfund and Scatec that will...
OPEC Fund loans US$72 million to Mohmand Dam
The OPEC Fund for International Development is providing a US$ 72 million loan in support of the 800MW Mohmand Multipurpose Dam Project in Pakistan.
$80 million funding boost for New Atlin expansion project in Canada
The Canada Infrastructure Bank (CIB), in partnership with the Taku River Tlingit First Nation owned Tlingit Homeland Energy Limited Partnership, has committed $80 million towards...
Biden-Harris Administration announces $240 million to repair aging water infrastructure
The US Department of the Interior has received an investment of $240.4 million for infrastructure repairs in fiscal year 2022 from President Biden’s Bipartisan Infrastructure Law. To...
Indian govt approves funds for Kwar hydro project
The Cabinet Committee on Economic Affairs in India has approved the investment of Rs.4526.12 crore for the 540MW Kwar hydroelectric project on the river Chenab in Kishtwar district...
KfW signs finance agreement for Aswan hydro stations, Eqypt
The Egyptian government and German Development Bank KfW have signed a €26 million financing agreement for the rehabilitation of three hydroelectric projects in Aswan, Daily News Egypt...
Canadian Govt approves $32.2 million funding for Atlin Hydro Expansion
The Atlin Hydro Expansion Project in Canada is set to benefit from a $32.2 million investment from the Canadian Government through the Low Carbon Economy Fund.
SAE secures loan for turbine redeployment at MeyGen
Simec Atlantis Energy (SAE) has secured a £2.5 million loan from Scottish Enterprise for the redeployment of the remaining two turbines at its MeyGen tidal power site within the next...
B.F. Sisk dam safety project first to get funding through US President Biden’s Bipartisan Infrastructure Law
The Department of the Interior has announced the US Bureau of Reclamation (USBR) is providing project-specific funding of $100 million for the modification of B.F. Sisk Dam in...
US$180 million in financing agreed for Mohmand dam project, Pakistan
The Islamic Development Bank (IsDB) has signed financing agreements amounting to US$180 million for development of the 800MW Mohmand Dam and Hydropower project in Pakistan.
Govt funds approved for Hells Gates Dam in Queensland, Australia
Funding of $5.4 billion has approved by the Australian federal government to build the Hells Gates Dam in North Queensland.
Akuo refinances Bulgarian hydro plants
A portfolio of five operational hydroelectric power plants in Bulgaria with a capacity of 15.5MW have successfully been refinanced, France-based power producer Akuo has announced,...
Funds to help commercial roll-out of Mocean Energy’s wave energy technology
Wave power developer Mocean Energy is set to advance the design of its Blue Star wave machine thanks to major new equity funding.
HYDROGRID raises investment from SET Ventures
HYDROGRID, an Austrian tech company providing software for real-time planning & dispatch of hydropower plants, has completed an investment round led by SET Ventures with the goal to...
Hydropower sustainability fund open for applications
Hydropower project developers and operators in over 40 countries can npw apply for funding to help finance an independent assessment of a project’s sustainability performance as...
