Posts Tagged ‘hydroelectric’

3 June 2010

Pulangi River’s $27m hydroelectric plant nears first phase completion in Philippines

The pre-development stage of a $27m hydroelectric project located in the Pulangi River region of Mindanao in the Philippines is nearing completion following the prohibition of fully-privatising nearby hydropower complexes in Bukidnon in March this year, local media has reported.

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25 May 2010

H2oPE to launch £1m UK community hydropower investment scheme

Next week will see the launch of a £1m community hydro share investment scheme that offers individual investors and businesses a chance to invest in hydro-electric power plants serving local communities in the UK, by project developer, a social enterprise community interest company called H2oPE. Further details of the offer have not yet been disclosed.

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15 April 2010

Belo Monte hydroelectric dam auction delay welcomed by environmentalistsp

A Brazilian federal judge has put a halt to the construction of the $11bn Belo Monte hydroelectric dam, which was set to be the third-largest of its kind in the world, a move applauded by both environmentalists and international celebrities alike.

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30 March 2010

Energy Investors Funds sells Glen Park hydroelectric project to Fort Chicago Partners for $80m

US private equity fund manager dedicated to the independent energy sector Energy Investors Funds (EIF) said its United States Power Fund (USPF) and USPF II have completed the sale of the Glen Park hydroelectric project to Fort Chicago Energy Partners for $80.1m.

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26 March 2010

Hydrogenics remains optimistic for 2010 as losses subside

NASDAQ-listed Canadian hydrogen fuel cell developer Hydrogenics CEO Daryl Wilson said he remains optimistic about the outlook for 2010 after the company experienced an increase profits following gains in the fourth quarter of 2009.

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16 February 2010

Reservoir Capital to push forward Serbian hydroelectric projects

Serbia-focused Canadian renewable energy company Reservoir Capital is to advance two hydroelectric projects on the River Lim in southwest Serbia.

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13 January 2010

World Energy Research to develop hydroelectric turbines in Guatemala

New Zealand energy investment firm World Energy Research (WER) has secured an agreement to build hydroelectric turbines in Central America's Guatemala.

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12 January 2010

AREVA wins $400m Brazilian transmission contract to connect hydroelectric power plants

Global energy and transmission company AREVA T&D has received $400m order from special purpose company IE Madeira, for a 600KV high voltage direct current (HVDC) bipole in Brazil to connect the company's hydroelectric power plants to the world's longest power transmission line.

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25 November 2009

Aqua Resources Fund completes $20m investment in China Hydroelectric

Aqua Resources Asia Holdings, the wholly owned subsidiary of close-ended investment scheme Aqua Resources Fund, has completed its $20m investment in Series C convertible preferred shares of hydropower plant operator China Hydroelectric Corporation.

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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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27 August 2009

Hydroelectric company Plutonic Power Corporation appoints Paul Sweeney president

Plutonic Power Corporation, a British Columbia-based hydroelectric company has appointed Paul Sweeney to the position of president with immediate effect.

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19 August 2009

Bangor Hydro Electric Company applies for federal smart grid stimulus funds

Maine, US-based electric utility, Bangor Hydro Electric Company submitted an application for federal stimulus funding from the US Department of Energy to bring smart grid advancements to its electricity customers. Bangor Hydro is requesting $4.3m in grant funding for its proposed $8.8m smart grid project.

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18 August 2009

Brazil and Peru look to develop five hydroelectric power plants in the Amazonian region

Five new hydroelectric power generation plants are being considered for development in Peru's Amazonian region at a cost of $15bn, according to reports.

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27 July 2009

Brazil and Paraguay sign hydroelectric power deal

Brazil and Paraguay are reported to have struck an agreement, under which Brazil will be obliged to pay higher prices to Paraguay for electricity generated by the hydroelectric power plant, Itaipu, situated on the border of the two countries.

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2 July 2009

PPL Corporation sells hydroelectric business for $95m

PPL Corporation, a US electricity company, said its Maine subsidiary has signed an agreement to sell the majority of its hydroelectric generation business to Black Bear Hydro Partners, an affiliate of ArcLight Capital Partners for $95m.

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30 June 2009

Scottish and Southern Energy seeks approval for two hydroelectric schemes

Scottish and Southern Energy is exploring the feasibility of building two hydroelectric schemes in the Great Glen and is currently seeking approval from the Scottish Government to accompany its planning applications for the scheme.

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25 June 2009

Iberdrola agrees sale of stakes in two Chilean hydroelectric companies

Iberdrola, a Spanish energy company, has agreed to the sale of CGE, through its CGE Generacion subsidiary, of its stake in two Chilean hydroelectricity companies.

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29 May 2009

Scottish and Southern Energy outline trio of new renewable projects

Scottish and Southern Energy has outlined a trio of new renewable energy projects.

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18 May 2009

Plutonic Power Corporation’s hydroelectric plant undergoes environmental review

Plutonic Power Corporation, a Canadian renewable energy company, will undergo an environmental assessment of its Bute Inlet Hydroelectric project as part of a federal panel review process spearheaded by Environment Minister Jim Prentice.

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1 April 2009

PPL Montana gets green light to expand Missouri hydroelectric plant

The Federal Energy Regulatory Commission has given PPL Montana's request to double the output at its Rainbow hydroelectric plant the go-ahead.

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