Renewable energy continues to outperform fossil fuels in cost-competitiveness, according to a new report by the International Renewable Energy Agency (IRENA). Despite fossil fuel prices returning…
Browsing: Hydropower
The Central Electricity Authority (CEA) of India has approved the construction of two pumped storage hydropower facilities with a combined capacity of 2.5 GW, aimed at…
Wind and solar power are the fastest-growing sources of electricity in the United States, according to a review of new data by the SUN DAY Campaign.…
Algonquin Power & Utilities Corp. has announced it will sell its renewable energy business, excluding its hydropower operations, to LS Power for up to $2.5 billion.…
The Asian Development Bank (ADB) announced on Tuesday the approval of an additional grant totaling $21 million aimed at expanding the supply of renewable energy in…
The Department of Energy (DOE) of the Philippines announced on Tuesday that it will conduct a fourth Green Energy Auction (GEA-4) in the final quarter of…
The British Hydropower Association (BHA) and Scottish Renewables are advocating for the introduction of a “cap and floor” mechanism to accelerate investment in hydropower energy. The…
Acciona Energia has agreed to sell its Spanish hydropower portfolio to Elawan Energy, a subsidiary of ORIX Corporation, for €287 million. The portfolio includes 23 operational…
TotalEnergies is set to acquire stakes in hydroelectric assets across several African countries through the acquisition of Scatec’s subsidiary, SN Power. SN Power holds interests in…
Statkraft reported a decline in underlying earnings before interest and tax (EBIT) for the second quarter of 2024, the company announced on Tuesday. Underlying EBIT was…
The Indian Renewable Energy Development Agency Limited (IREDA) has announced a Rs. 290 crore investment in Nepal’s 900 megawatt (MW) Upper Karnali hydroelectric power project. This…
Infinity Power, a joint venture between Egypt’s Infinity and Abu Dhabi-based Masdar, has announced its intention to develop 1 gigawatt (GW) of renewable energy projects in…
