water management

24 November 2009

Statkraft launches first osmotic power prototype

Crown Princess Mette-Marit of Norway has inaugurated Statkraft's first osmotic power prototype, which the company claims is a world first.

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24 November 2009

Oyster hydroelectric project launched in Scotland

Scotland's First Minister Alex Salmond has launched the Oyster hydroelectric wave energy device at the European Marine Energy Centre (EMEC) in Orkney.

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19 November 2009

NS Power and OpenHydro deploy Canadian tidal turbine

NS Power and its tidal technology partner OpenHydro have successfully deployed the first commercial scale in-stream tidal turbine in the Bay of Fundy, Canada. The 1MW commercial scale turbine reached the Fundy Ocean Research Centre for Energy (FORCE) deployment site, in the Minas Passage, yesterday afternoon and began preparations for deployment.

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18 November 2009

Ocean Power Technologies receives AUS$66.5m

Subsidiary of Ocean Power Technologies, Ocean Power Technologies Australasia (OPTA), in partnership with Leighton Contractors, has received a AUS$66.46m grant from the federal government of Australia to build a 19MW wave power project off the coast of Victoria, Australia.

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13 November 2009

Ocean Renewable Power to deploy US ocean energy device

Tidal power company Ocean Renewable Power will deploy the largest ocean energy device ever installed in US waters, the Energy Tide 2, in Cobscook Bay, Maine, in early 2010.

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12 November 2009

Acciona grows nine month net profits by 255 per cent, renewables capacity reaches 7,308MW

Spanish engineering, construction and infrastructure company Acciona has announced a 255 per cent growth in profits for the first nine months of 2009 compared with the same period last year, a total of €1.29bn. The company's renewable energy capacity also reached 7,308MW.

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6 November 2009

Marine Current Turbines’ tidal energy system exceeds expectations

UK tidal turbine developer Marine Current Turbines' commercial scale tidal stream turbine, SeaGen, is running fully automatically and at full power, according to the company's technical director Peter Fraenkel.

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3 November 2009

World’s first commercial scale tidal stream turbine performing above expectations

The world's only commercial scale tidal stream turbine is performing above expectations, according to developer Marine Current Turbines, a UK-based wave power company. Located in Strangford Narrows, Northern Ireland, the SeaGen turbine produces an average of 5MWh or electricity during each 6.25 hours of each ebb and flood tide.

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3 November 2009

Tiger Infrastructure Partners launches in the US

Tiger Infrastructure Partners, a new US infrastructure private equity firm, has launched to take advantage of private mid-market opportunities in North America and Europe in the energy, power, water, waste, transportation and communications sectors.

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3 November 2009

National Hydropower Association welcomes $531m hydropower commitment

The US non-profit lobbyist group National Hydropower Association (NHA) has welcomed the announcement that US hydropower projects received 24 per cent of the $2.2bn Clean Renewable Energy Bonds (CREBs) programme, with investments totalling $531m.

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2 November 2009

EIB provides $211m loan financing for Panama hydro projects

The European Investment Bank (EIB), the long-term lending arm of the European Union, has allocated $211m in project finance loans to Gas de France-Suez Group to develop three hydroelectric facilities in Panama.

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2 November 2009

Ocean Power Technologies’ underwater substation pod passes trials

Ocean Power Technologies has completed trials of its Underwater Substation Pod (USP) in Spain.

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30 October 2009

Canadian utility Hydro-Québec to acquire NB Power’s hydro facilities

Government-owned public utility company Hydro-Québec is set to acquire most of the assets of New Brunswick electricity supplier, NB Power, including its hydro facilities, peaking power plants and Point Lepreau nuclear facility.

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29 October 2009

South West development agency funds £1.2m wave tank test site

The UK South West Regional Development Agency (South West RDA), a public agency devoted to business development in the region, has invested £1.2m in in a wave tank testing facility.

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29 October 2009

Scottish Renewables endorses government ‘marine road map’ reportp

Scottish Renewables, a trade association for the Scottish green power industry, has welcomed the findings of a joint government and industry report outlining development plans for the marine energy industry. According to the association, the report's recommendations could create 12,500 jobs in the sector by 2020, endorsing calls for increased stimulus funding for the sector, including a repeat of the Wave and Tidal Energy support scheme, which could mean that Scottish wave and tidal generators receive more revenue for the electricity they generate than operators in England or Wales.

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29 October 2009

BioPower Systems signs MoU with Elecnor to develop bioWAVE technology

Australian ocean energy company, BioPower Systems, has signed a Memorandum of Understanding (MoU) with Spanish global development company Elecnor.

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28 October 2009

Triton Water appoints new CEO Frank Koll, announces company merger

German based water technology and solutions firm Triton Water has appointed Siemens Water Europe's Frank Koll as the new CEO, the announcement coincides with the successful merger of its two companies, according to a statement.

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28 October 2009

Alstom Hydro awarded $178m contract to supply Kraftwerke Linth-Limmern

Alstom Hydro has been awarded a €178m contract to provide four 250MW variable speed pump turbine and motor generator units for a new pumped storage installation in Switzerland.

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27 October 2009

Reduced energy demand sees Vattenfall profits drop 74 per cent, slow return predicted

Swedish energy company Vattenfall has reported a 74.9 per cent drop in after tax profits to SEK622m (€60.3m), blaming a drop in power demand.

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22 October 2009

ABB wins $120m hydropower order in Switzerland

Power and automation technology group ABB has won an order worth $120m from Kraftwerke Linth-Limmern related to the construction of a new hydropower plant and energy-storage facility in eastern Switzerland. The order was booked in the third quarter.

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