Tag: Hydropower

Statkraft Reports Drop in Q2 EBIT Amid Lower Power Prices

Statkraft reported a decline in underlying earnings before interest and tax (EBIT) for the second quarter of 2024, the...

IREDA to Invest in 900MW Hydroelectric Project in Nepal

The Indian Renewable Energy Development Agency Limited (IREDA) has announced a Rs. 290 crore investment in Nepal's 900 megawatt...

Infinity Power to Develop 1 GW of Renewable Energy Projects in Sierra Leone

Infinity Power, a joint venture between Egypt’s Infinity and Abu Dhabi-based Masdar, has announced its intention to develop 1...

SSE and Gilkes Energy to Develop Major Pumped Storage Hydropower Scheme in Scotland

SSE has announced plans to advance a new pumped storage hydropower project at Loch Fearna in Scotland’s Great Glen...

Solar and Wind Now Make Up Over 20% of US Generating Capacity

The combined capacities of solar and wind energy now make up more than one-fifth of the total installed utility-scale...

Luminus Proposes 100MW Battery Project to Enhance Grid Stability in Ghent

Belgian energy producer Luminus has submitted a permit application for a pioneering 100MW battery storage project at the Ringvaart...

Norway Seeks Stronger Renewable Energy Partnership with Indonesia

Norway is aiming to forge a robust partnership with Indonesia, exploring investment opportunities in renewable energy sectors such as...

Portugal’s Renewable Energy Surpasses 80% of Power Needs in First Half of 2024

Portugal's renewable energy sector has achieved a significant milestone, meeting 82% of the nation's electricity demand during the first...

Jakson Green Secures PPA for 400-MW Solar Park in India

Jakson Green, an Indian renewable energy firm, has inked a 25-year power purchase agreement (PPA) with domestic hydropower producer...

Renewable Sources Power One-Third of Ireland’s Electricity Demand in June

In June, renewable sources supplied approximately one-third of Ireland's total electricity demand, according to provisional data from grid operator...

Cloudberry Clean Energy ASA Shifts Hydropower Portfolio with Asset Sales and Stake Increase

Norwegian renewable energy company Cloudberry Clean Energy ASA (OSE:CLOUD) has announced strategic transactions involving its hydropower assets, marking a...

US Department of Energy Launches $5 Million Fund to Boost Water Power Technologies

The US Department of Energy's Water Power Technologies Office (WPTO) has unveiled a $5 million fund aimed at accelerating...