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Bolivia’s ENDE awards contract to Chinese firms for Rositas hydroelectric plant

12.09.2018


State power company Empresa Nacional de Electricidad Bolivia has contracted a pair of Chinese companies to construct the Rositas hydroelectric plant. The deal comes with an initial US$1 billion in financing from the Export-Import Bank of China and will see China Three Gorges Corp. and China International Water & Electric engineer and construct what is…



Small Hydropower Market Key industry participants include Voith, Andritz Hydro and GE, Siemens

07.09.2018


Global Small Hydropower Market size by installed base was more than 110 GW for 2015 and is predicted to register more than 2.5% growth during the forecast period. Demand for pure and renewable source of energy has resulted in growth of the industry. The reason being that hydropower is purest form of renewable energy and…



Two units synchronized at 18.4-MW Maranon small hydro project in Peru

03.09.2018


Two of the three turbine-generator units at the 18.4-MW Maranon small hydro project in Peru have been synchronized, according to grid administrator COES. The facility, on the Maranon River in the Nueva Flores district of Huanuco department, cost US$85.6 million to build and was developed by Hidroelectrica Maranon. The plant is connected to the national…



PowerChina, Argentina sign financing deal for 75-MW El Tambolar hydropower plant

24.07.2018


The government of Argentinian province San Juan signed an agreement with PowerChina earlier this week for financing of the 75-MW El Tambolar hydropower project. The US$600 million plant is being developed by Argentina’s Panedile, which will receive 85% of funding for the project from PowerChina at a 3% annual interest rate. The remainder will be…



Business Brief: Innergex Renewable Energy completes acquisition of 140-MW Duqueco hydro project in Chile

10.07.2018


Innergex Renewable Energy has completed the acquisition of the 140-MW Duqueco hydro project in Chile, through its 50% ownership stake in Energia Llaima. The Duqueco hydroelectric project includes two facilities on the Duqueco River: 85-MW Peuchen and 55-MW Mampil. Both were commissioned in 2001. Peuchen has a reservoir with four-hour regulation at full capacity and…



Luksic Foundation Funds Faculty Research Projects

09.07.2018


Boston College Law Professor Zygmunt Plater (above) traveled to Chile this past spring to examine property and water rights issues pertaining to indigenous populations and recent hydro development projects. He spent three weeks in the capital city of Santiago and the southern Andean Mountain region of Los Ríos, where he led separate inter-university research initiatives….



By 2025 Global In-Pie Hydro Systems Market Will Reach US$ 16.13 mn Examined in New Research Report (MRRSE)

06.07.2018


A latest research report titled as “In-Pipe Hydro Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future…



A changing energy mix: trends in the power generation market

11.06.2018


The way we generate electricity is rapidly changing, and this change has been prompted by concerns related to climate change and the cost of power generation. These concerns will result in natural gas and non-hydro renewable energy sources such as wind and solar power becoming the preferred sources of power generation worldwide. Though hydropower generation…



Hydro-Pumped Storage Plants Market to Grow at a CAGR of +10% During Forecast Period

06.06.2018


Hydro-Pumped Storage Plants is a type of hydroelectric energy storage used by electric power systems for load balancing. The method stores energy in the form of gravitational potential energy of water, pumped from a lower elevation reservoir to a higher elevation. Low-cost surplus off-peak electric power is typically used to run the pumps. During periods…



Global hydropower growth strong in 2017, according to IHA’s most recent survey


2017 was a banner year for hydroelectric power, with a record 4,185 TWh generated worldwide, according to the International Hydropower Association’s most recent Hydropower Status Report. The 2018 Hydropower Status Report, published today in conjunction with the Beijing Forum on Hydropower and Future Energy Systems, is the latest edition of IHA’s annual study and reveals…



Hydro-Pumped Storage Plants Market to Grow at a CAGR of +10% During Forecast Period

04.06.2018


Hydro-Pumped Storage Plants is a type of hydroelectric energy storage used by electric power systems for load balancing. The method stores energy in the form of gravitational potential energy of water, pumped from a lower elevation reservoir to a higher elevation. Low-cost surplus off-peak electric power is typically used to run the pumps. During periods…



Global hydropower growth strong in 2017, according to IHA’s most recent survey

30.05.2018


2017 was a banner year for hydroelectric power, with a record 4,185 TWh generated worldwide, according to the International Hydropower Association’s most recent Hydropower Status Report. The 2018 Hydropower Status Report, published today in conjunction with the Beijing Forum on Hydropower and Future Energy Systems, is the latest edition of IHA’s annual study and reveals…



Innergex enters the South American renewable energy market by acquiring two hydro facilities

22.05.2018


LONGUEUIL, QC, May 15, 2018 /CNW Telbec/ – Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) and Energía Llaima, an innovative and growing renewable energy company located in Chile, are pleased to announce that they have been selected in a bid process to acquire in partnership the Duqueco hydro project (140 MW) which…



Colbun to acquire 150-MW First Solar project in Chile

30.03.2018


Chilean power company Colbun announced on Monday it will acquire a 150-MW photovoltaic (PV) project in Chile from First Solar Inc (NASDAQ:FSLR). The value of the deal was not disclosed. Named Sol de Tarapaca, the PV scheme is to be implemented in the commune of Pozo Almonte, Tarapaca region. This agreement follows the company’s plan…



Italian companies partnering for expansion in Chile’s small hydro market

20.03.2018


Italian companies Building Energy SpA and Scotta Group have formed a joint venture with the goal of expanding their presence in the Chilean hydroelecric power market. The group, called Building Energy Anders SpA, will be based in Santiago and was drawn to the South American country’s “increase in electricity demand, abundance of natural resources and…



ATCO expanding in Mexico with new power plant

14.03.2018


Calgary-based ATCO’s Mexican division, which has announced a series of investments in the country since its power sector was deregulated four years ago, has announced a new power plant deal with a Mexican partner. ATCO said on March 5 that it and Mexican-based RANMAN Energy will spend C$70 million to build a new 26-megawatt (MW)…



Hydropower, The Clean Motor Of Latin America’s Energy Future

07.03.2018


A PAZ — As it stands now, half of Latin America’s power is generated by hydroelectricity, an energy source that is also of vital importance worldwide, producing more electricity than all renewables combined. Hydropower is especially beneficial for countries that depend on global commodity prices — particularly with regards to oil, natural gas and coal…



Bidding open for 270-MW expansion of 3.2-GW Yacyreta project in Latin America


Entidad Binacional Yacyreta (EBY) is accepting public tenders for work to add a 270-MW powerhouse to the existing 3.2-GW Yacyreta project. Yacyreta is a multipurpose dam on the Parana River between Argentina and Paraguay. The powerhouse, located on the Main Arm of the river, contains 20 Kaplan turbine-generator units. On the Ana Cua Arm of…