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Water Power

World Bank aids Laos’ hydropower with $40 million in financing

The World Bank Group has inked two agreements for around $40 million in financing that will aid the Lao People’s Democratic Republic in developing their hydropower sector. One of the two agreements recently signed by the World Bank and Laos is for continued technical assistance by which Laos can manage its hydropower and mining resources. The $17.8 million additional financing comes from the Technical Assistance for Capacity Building in the Hydropower and Mining Sec...

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Aquamarine Power’s Oyster 800 gets an upgrade with recent refit

Wave energy company Aquamarine Power’s Oyster 800 underwent a refit, upgrading the wave machine. The Oyster 800’s cylinder module has been successfully replaced as part of the company’s comprehensive summer refit passes the half-way mark. The new 23 ton-module was refitted to the 800 kilowatt test machine, which is located at the European Marine Energy Centre in Orkney. The whole operation took just over two days to be completed. “This is an important...

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Siemens welcomes Crown Estate’s new seabed rights for wave and tidal power

Siemens welcomes The Crown Estate’s announcement of agreed seabed rights for new demonstration zones and project sites around the United Kingdom’s coast. The agreed seabed rights include six new wave and tidal current demonstration zones as well as five tidal current project sites that will each have the potential to deliver anywhere between 10 and 30 megawatts of power. The locations for these demonstration...

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North Caucasus hydropower to increase with three new projects from RusHydro

Three small hydropower plants developed by RusHydroare set to begin construction in Russia’s North Caucasus region. The three plants were selected for implementation through a tender for construction of renewable energy sources capacity. The tender was conducted by the Administrator of trading system. The projects will be covered by 15-year supply agreements with basic annual return of up to 14 percent. RusHydro...

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Alstom receives $12 million-contracts to modernize hydropower plants in Switzerland

French multinational conglomerate Alstom has been awarded two contracts worth a total of $12 million for the modernization of two hydropower plants in Switzerland. Under the two contracts, Alstom will modernize two hydropower plants in the Canton Glarus and the Canton Velais. For the first contract, Alstom was commissioned by Axpo Power AG to upgrade the exciters and discharges of the 37.5 average megawatt...

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Alstom opens first hydropower global technology center in Latin America

Alstom has opened its very first hydropower global technology center, or G.T.C., in Latin America, thereby boosting its support of Brazil’s power generation needs. The G.T.C., which was opened in the city of Taubaté, state of São Paulo, is considered as an important extension of the existing hydropower industrial site of the city. With the inauguration of the center, Alstom aims to support Brazil’s increasing po...

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New unit adds 640 MW of hydropower in Russia

RusHydro has announced that a new hydropower unit has been commissioned at the company’s Sayano-Shushenskaya hydropower plant, adding 640 megawatts to the 7 units in operation. The hydropower plant’s unit No.4 was the least affected during the accident back in 2009 (see related story). Unit No.4 was then put into operation in August 2010 after its repair, in which it produced 11.5 gigawatt hours of electricity...

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Alstom providing equipment for Linthal hydropower station

Alstom is slated to deliver a main inlet valve weighing 120 tonnes and measuring 1.7 meters in diameter to the Linthal hydropower station that is being developed 90 kilometers from Zurich. In addition, two other main inlet valves and 4 pump-turbine wheels will be taking the same route from Alstom’s facility in Grenoble in the coming months. Once the Linthal hydropower station is commissioned in 2015,...

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JSC Lenhydroproject, Atlantis Operations to bring tidal power to Australia

JSC Lenhydroproject, wholly-owned by RusHydro, and Atlantis Operations (U.K.) Ltd. have signed a Memorandum of Understanding that will allow them to jointly develop tidal power projects in Australia. Under the memorandum, Lenhydroproject and Atlantis Operations will identify prospective tidal power projects in Western Australia to implement using tidal range orthogonal turbines developed by RusHydro...

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Mandiri Investment Management, Armstrong Assest to invest in Indonesian hydropower

Singaporean fund management firm Mandiri Investment Management will be investing in the hydropower sector of Indonesia. The firm has entered into a co-investing partnership with private equity fund Armstrong Asset Management to develop mini hydro-electric power plants. Mandiri Investment Management is an offshoot of Indonesia’s Mandiri Investasi. Mandiri Investasi, currently manages about $2 billion in various mutual funds...

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