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Generadoras de Chile highlights hydroelectric initiative that promotes sustainability in the territories

18.07.2019


Published on July 9, 2019 Fifteen projects related to lighting, green areas, agriculture, tourism, education, among others, were postulated this year for the “Good Practices for a more Sustainable Electric Futures” contest, which is carried out by Generadoras de Chile, whose objective is to publicize the initiatives that tackle climate change and sustainable development, while…



National Electrical Coordinator launches portal with flow forecasting system for hydroelectric power plants


Source: Revistaei.cl, July 10, 2019 The National Electrical Coordinator launched a new web portal that will allow the deployment of a new Flow Forecasting System (SPC) for generation hydroelectric power stations located in the center-south zone of Chile. As reported by the coordinating body on its website, “the SPC began to be used in the…



Colbún enters the race and will dispute with Enel Sempra’s assets in Chile and Peru


Source: El Mercurio, July 11, 2019 The Matte group, through the company Colbún, officially entered the race for the assets of the US company Sempra in Chile and Peru, a process that entered its second stage with a small number of interested parties after receiving about ten non-binding offers almost a month ago. In this…



CGE swaps its assets in Argentina


Source: La Segunda. July 12, 2019 The General Electricity Company (CGE) informed the CMF that it reached a swap agreement with the Argentine company Cartellone Energía y Concesiones (CECSA) to sell its shares in the electricity distributors of Tucumán (50%) and Jujuy in US $ 40 million. In exchange, CGE will acquire – for the…



Llancalil hydroelectric power station in Chile will intervene the course of two rivers


Source: Journal Austral de Temuco. July 12, 2019 The Commission of Environmental Evaluation (Coeva) decided to approve, by 10 votes against 1, the Environmental Impact Statement of the project called “Small Llancalil Hydroelectric Power Plant”, a power plant that aims to be built in the town of Huife Alto, about 23 kilometers of the commune…



Argentina, Chile and Brazil, the most attractive countries of LatAm to invest in renewables

09.07.2019


Source pv-magazinelatam. July 5, 2019 Argentina, Chile and Brazil lead the Renewable Energy Country Attractiveness Index (RECAI) in Latin America published annually by the UK consultancy Ernst & Young (EY). The ranking ranks 40 countries in terms of the attractiveness for clean energy investments. For its qualification, the firm analyzes macroeconomic variables (macroeconomic stability and…



Colombia ratifies its intention to reach 1,500 MW of renewable power installed in 2022


Source PV-magazinelatam, July 3, 2019 During the preparatory meeting of the Summit on Climate Action of the United Nations, the Minister of Mines and Energy of Colombia, María Fernanda Suárez Londoño, reiterated that the installed capacity in Colombia will be at least 1,500 MW in the year 2022. The mining sector is also expected to…



More than 700,000 people will benefit from San José 2 hydropower plant in Cochabamba, Bolivia


Source: Smartwatermagazine. July 7, 2019 The project’s total investment was $287.53 million, 33% of which was financed by CAF, thus contributing to the nation’s sustainable development and improving the quality of life of its rural population. With a 69-megawatt (MW) generating capacity, the second phase of the San José hydropower plant, financed by CAF—development bank…



San Andrés hydroelectric reaches refinancing agreement of 40 million dollars


Source: LexLatin, July 3,2019 Hidroelectrica San Andres reached an agreement to refinance a loan of 40 million dollars with the help of banks Santander and Banco de Crédito e Inversiones. The financing included a package of guarantees on the assets of the pass-through plant owned by Hidroeléctica San Andrés and on the shares issued by…



Government calculates up to US $ 30 billion investment to decarbonize the matrix

05.07.2019


Source: The third. June 28, 2019 A few weeks ago, one of the most relevant milestones of the last time in the energy sector was unveiled: the plan for the gradual withdrawal of the more than 5,300 MW installed in coal capacity in Chile. It is an ambitious plan that, in addition to the challenge…



The other project that will strengthen the Chilean interconnection in 202


Source: revistaei.cl. June 25, 2019 This is the new 2 × 500 kV line, with a capacity of 1500 MVA, between the Los Changos and Kimal (Nueva Crucero Encuentro) substations, developed by Transelec. After the commissioning of the Cardones-Polpaico line, which was inaugurated by ISA Interchile, the national electrical interconnection in 2 × 500 kV…



Italian Enel makes non-binding offer for Sempra assets in Chile and Peru


Source: latercera.com. June 27, 2019 Italian power company Enel has made a non-binding bid for assets that US company Sempra Energy is selling in Chile and Peru. Earlier this year, Sempra Energy said it wanted to sell its entire stake in Chilean power distributor Chilquinta Energia and much of the property of Peruvian company Luz…



Kallpa plans to build 120 m high and 270 m long dam for US $ 932 million hydro plant


Source: energiminas.co. June 28, 2019 Kallpa Generación SA presented the Detailed Environmental Impact Study for its RS3 Sense Hydroelectric Project. This is a plan still in the feasibility stage, between the regions of Apurímac and Cusco, which will require an investment of US $ 932 million and seeks to take advantage of the waters of…



Women in Hydropower Mentorship Program accepting new applications

29.06.2019


Source: Hydropower.org, 11th June 2019 The Women in Hydropower Mentorship Program is now accepting new applications for 2019-2020. The initiative aims to help women in the hydropower industry to connect, generate new friendships, and share experiences in a supportive environment. It is supported by the U.S. National Hydropower Association (NHA), Northwest Hydroelectric Association (NWHA), Midwest…



Hydroelectricity: Time to adapt


Source: revistaei.cl. June 7, 2019 Hydroelectricity is located without counterweights in the throne of renewable energies within the energy matrix, both in installed capacity and in the effective generation in the national electricity system, despite having more of a challenge in the future scenario, such as the recurrence of low hydrologic sources and the incorporation…



These are the mini hydro plants with the largest installed capacity in Chile


Source: revistaei.cl. June 7, 2019 The sector of small hydroelectric plants (mini hydro), which are those run-of-the-river hydroelectric plants with an installed capacity of less than 20 MW, have a total of 495 MW of installed power in the National Electric System, especially in the central area south of the country, according to the NCRE…



Eclipse will use reservoirs to maintain Chile´s reserve before solar generation decrease


Source: Revistaei.cl. June 19, 2019 The use of reservoir hydroelectric plants to maintain a sufficient reserve for the electric generation of the national system is one of the measures that will be carried out by the National Electric Coordinator of Chile for the operation of the national system during the solar eclipse of July 2…



Mexican government and companies to undertake projects for the Renewable Energy, Electricity and Hydrocarbons sector.


Source: pv-magazine. June 20, 2019 Faced with the challenges of the sector, business organizations, associations and companies of the private energy industry are integrated into the Energy Commission of the Business Coordinating Council (CCE) to have a unified voice and expand its representation to the federal government, legislature and local authorities , thus becoming a…



Cardones-Polpaico line already transports 1,400 MW to the national electricity system


Source: ei.cl. June 20, 2019 The Cardones-Polpaico transmission line is already transporting about 1,400 MW of power in the national electricity system, mostly from variable renewable power plants installed in the northern part of the country, as was highlighted by the President of the Republic, Sebastián Piñera, from the Nueva Cardones substation, located in Copiapó,…



Peru proposes a comprehensive reform for the electricity sector


Source: PV-magazine. June 17, 2019 The Minister of Energy and Mines of Peru, Francisco Ísmodes Mezzano, has announced the Supreme Resolution creating the Multisectorial Commission for the Reform of the Electricity Sector (CRSE) will be promulgated, to initiate a comprehensive review of the current framework of the electricity market, the elaboration of proposals to consolidate…



Statkraft Chile starts construction of Los Lagos hydroelectric plant

19.06.2019


Source: Revistaei.cl. June 11, 2019 The Statkraft Company will begin the construction of the Los Lagos hydroelectric plant during the second half of this year, in a project that contemplates an installed capacity of 52 MW, which expects to start injecting clean energy into the system after 2022. The initiative considers an investment of US…



Mexico – 24 billion pesos will be invested for the maintenance of power plants in the next four years: CFE

12.06.2019


Source: PV-magazine. June 5, 2019 Manuel Bartlett, General Director of the Federal Electricity Commission, headed the meetings of the Boards of Directors of the Subsidiary Productive Companies of Generation I and II, in which the maintenance projects for their generating units for the period 2019-2023 were approved, and the presentation of its main financial results…



Mini hydro sector registers the greatest potential in hydroelectric projects


ELECTRICIDAD Magazine. June 4, 2019 The mini hydro sector, those generation plants that do not exceed 40 MW of installed capacity, is the one that registers the greatest potential of hydroelectric projects in the national energy matrix, according to the data of the Commission’s NCRE report of May. National Energy (CNE). According to the data…



Collahuasi and Enel sign renewable energy contract


Source: Mineria-pa.com. June 7, 2019 Compañía Minera Doña Inés de Collahuasi SCM, after its last bidding process, awarded Enel Generación Chile the electricity supply of approximately 1 TWh / year, converting it into the largest certified 100% renewable energy contract in the country. The agreement will last for ten years and will become effective as…



Chile will close 8 coal-fired power plants in 5 years and all by 2040


Source: emol.com. June 7, 2019 The President of Chile, Sebastián Piñera, together with the Minister of Energy, Susana Jiménez, presented the schedule of the first stage of closing operations of the coal-fired power plants of Chile’s energy matrix. The withdrawal of units operations will be made through a schedule that establishes the cessation of the…



Bolivia inaugurates a hydroelectric plant that approaches the goal of exporting energy


Source: Eldiario.es 06/10/19 Bolivia has inaugurated the San José 2 hydroelectric plant, capable of generating 69 megawatts, and which leads the country to the goal of reaching sufficient reserves to start exporting electricity to its neighboring countries. This second phase, built in the municipality of Colomi in the department of Cochabamba, joins the previous one…



EPM achieved the closure of the first gate of the Auxiliary Deviation Gallery of the Ituango hydroelectric project

11.06.2019


Source: Portafolio.com, May 29, 2019 In an underwater engineering maneuver, one of the two gates of the Auxiliary Deviation Gallery (GAD) was closed, in a new milestone in the work of risk mitigation in the Ituango hydroelectric project. The contingency in the Ituango hydroelectric project began on April 28, 2018 with the obstruction of the…



CAF highlights the progress of Hidroeléctrica San José and projects new financing


Source: energialimpiaparatodos.com The representative of the Development Bank of Latin America (CAF) in Bolivia, Gladis Genua Covino, highlighted the progress and implementation of the San José Hydroelectric Project and envisaged consolidating new financing from the international body for future electric projects that are currently under study in Bolivia. The official report collected by Clean Energy…



Environmental license for the Porvenir II hydroelectric plant was suspended by the State


Source: Larepublica.com, Thursday, May 30, 2019 The State Council temporarily suspended the environmental license corresponding to the Porvenir II hydroelectric project in the municipality of San Luis (Antioquia), in Colombia. According to the ruling, the permits granted by the National Authority of Environmental Licenses (Anla) would have interference in properties subject to land restitution processes….



Decarbonization plan will be done in two phases and the goal is to abandon this technology by 2040


Source: La Tercera, June 4, 2019 The President of Chile, Sebastián Piñera, will announce the country’s most ambitious environmental commitment in recent years: the gradual retirement plan for the 28 coal-fired power plants that still operate in the country, and represent approximately 40 % of electricity generation in Chile. This, after the government and the…



Chile will issue green bond for $ 1,500 million this year


Source: Emol.com, May 31, 2019 Chilean Finance Minister Felipe Larraín announced that the country’s first green bonds will be launched this year. The funds will be used for projects in the sector of renewable energy, electromobility, sustainable buildings, energy efficiency, water treatment and biodiversity, said the Chilean government. The projects associated with the bond have…



Piñera announces goal to reduce coal generation by 40%


Source: Revistaelectricidad, June 3, 2018 The President of Chile, Sebastián Piñera, in his second public account, made from the National Congress, highlighted the advances the country has made in terms of decarbonization of the energy matrix, stating that they hope to reduce the generation of coal-fired power plants, which currently represent 40%. The announcement coincides…



Eletrobras returns to the capital markets with issue of BRL 5,000 million


Source: Lexlatin, May 30,2015 Centrais Eétricas Brasileiras S.A (Eletrobras), a power generation and transmission company, executed the second issue of simple bonds, not convertible into shares, in four series, for BRL 5,000 million (USD 1.2 Bil). The funds obtained from the first three series will be used to refinance liabilities and to reinforce cash, and…



Cardones-Polpaico achieves connection to the system in the midst of technical tests


Source: La Tercera-Pulse, May 27, 2019 The Cardones-Polpaico megaline is in the process of technical tests, with an estimated early start-up, scheduled for June 11. In this regard, the Minister of Energy, Susana Jiménez, said that “there was a successful connection of the circuit 2. There are some technical tests, but for practical purposes, the…



Chinese consortium secures to $1.39 Billion loan Purchase of Chaglla Hydroelectric Plant in Peru

28.05.2019


A consortium led by China Three Gorges (CTG), a Chinese state-owned power company, completed its $1.39 billion acquisition of Empresa de Generación Huallaga S.A. on April 25. Formerly a subsidiary of Brazilian construction multinational Odebrecht SA, EGH was responsible for developing Peru’s Chaglla hydroelectric power plant. Because EGH owns the permanent concession of the Chaglla…



AES Gener will install battery systems in Cajón del Maipo hydroelectric plants


An energy storage system using lithium batteries will install AES Gener in the Cajon del Maipo, in the Metropolitan Region, for the operations of the run-of-river hydroelectric power plants that the company has in the area, in order to provide them with regulatory capacity and also give flexibility to the electrical system. According to Javier…



Water rights returned to the Chilean State in 2018 rose 89%, marking a historical record


The waivers of water usage rights reached a record in 2018. According to figures from the General Directorate of Water (DGA) of the Ministry of Public Works, last year there were resignations for a total average annual flow of 3,6 million litres per second, well above the 250 thousand litres per second of 2017. As…



Chilean company invests in the Alto Maipo project


After the Alto Maipo hydroelectric project fell into technical default in 2017 after the exit of one of the contractors, AES Gener spent almost a year in negotiations until it managed to restructure the financing of the initiative in May of last year. This occurred after the budget was increased from US $ 2,052 million…



Decarbonisation plan in Chile, considers closing 1,000 thermoelectric MW in the first 10 years


Chile’s new decarbonization plan can open the door to new sources of energy, such as hydroelectric power plants. Chile is about to announce one of the most important energy milestones in recent history, it’s decarbonisation plan, which involves the closure of all the plants that use this technology in the medium term, starting with the…



Andean countries review regulations for energy interconnection process


Colombia, Ecuador, Peru, Bolivia and Chile held a ministerial meeting to review progress in infrastructure and regulatory framework. The Ministerial Meeting of the Andean Electrical Interconnection System (Sinea), took place in Lima, bringing together the highest energy authorities of the Andean countries, including Chile. The meeting was chaired by the Minister of Energy and Mines…



Iberdrola will regulate the flow of the Iguaçu Falls with its new 350 MW hydroelectric plant


Iberdrola, through its subsidiary Neoenergia, inaugurated the Baixo Iguaçu hydroelectric plant, which has an installed capacity of 350 megawatts (MW) and has involved an investment of more than 500 million euros. The plant will be able to supply sustainable electricity to one million Brazilians, with production equivalent to about 8% of the annual demand of…



China learns to tackle environmental problems – the hard way

27.04.2019


Ruthless resource seeker or renewables champion? China’s Latin America footprint is walking contradiction Plagued by conflicts over water use and labour standards, Shougang’s 1992 acquisition of an iron ore mine in Peru’s Marcona district – the first major Chinese investment in the country – landed it a reputation as an opaque, uncaring natural resource hunter….



Peru’s renewables account for 5.3% of electricity production in March

25.04.2019


Peru produced 5.3% of its electricity from renewable sources in March, the energy ministry informed on Monday. During the month, the electricity production from the country’s wind, solar, biomass and biogas plants rose by 26% on the year. Wind and solar farms increased production by 25% and 10%, respectively, the ministry said without providing detailed…



Smarter Hydro

25.02.2019


While the ability to conceptualize, design, construct and even operate a power generating facility in a digital environment might sound like science fiction, it is quickly becoming the reality for many plant owners around the globe. In some respects, hydro is playing catchup to other generating sectors in the move toward digitalization, with many projects…



Hydropower growth in Latin America to peak in next decade, BP says

20.02.2019


The growth of hydroelectricity in Latin America’s power generation mix will peak in the next decade before tapering off after 2030 as non-conventional renewables continue their rapid expansion, according to the latest BP Energy Outlook. According to BNamericas, the report foresees average annual hydropower output growth in South and Central America of 17.7 TWh between…



Of concrete and corruption: Resistance kills Andes Amazon dams

31.01.2019


In 2010, the presidents of Peru and Brazil made a deal to build 22 major Andes Amazon dams on the Marañón River – the Amazon River’s mainstem. The energy generated by those dams would go to vastly expand Peru’s Conga gold and copper mine, making it one of the biggest in the world. The Conga…



Argentine president calls Argentina-China hydropower project “highly important”

24.01.2019


Argentina’s President Mauricio Macri (L) poses for photos with a worker at the construction site of an Argentina-China joint hydropower megaproject where two hydroelectric dams, Condor Cliff and La Barrancosa, are being erected along the Santa Cruz River in southern Argentina to boost national energy output, Jan. 14, 2019. Argentina’s President Mauricio Macri on Monday…



Is Brookfield Renewable Partners a Buy?

18.01.2019


The renewable energy leader, whose investments in wind and solar assets began paying off in 2018, is trading at a deep discount. For a company with a stated goal to grow its distribution 5% to 9% per year and deliver long-term total returns (the stock performance plus distribution payments) averaging 12% to 15% per year,…



Brazil Was a Global Leader on Climate Change. Now It’s a Threat.


This coming November, delegates from nearly every country had been scheduled to gather in Brazil to discuss climate change at the 25th United Nations Conference of the Parties. When the meeting was planned, Brazil seemed a logical choice to host it. Not anymore. Brazil depends more on renewable energy sources (including biofuels) than any of…



Odebrecht to sell Peru hydroelectric plant to Chinese consortium

05.12.2018


A state-owned Chinese consortium has agreed to buy Peru’s Chaglla hydroelectric plant from Brazilian builder Odebrecht SA. The consortium, led by Three Gorges Corp, has agreed to pay at least $618 million for the hydroelectric plant. According to Peru’s Justice Minister Vicente Zeballos, Odebrecht will turn over half the sale price agreed upon with the…



ABB in deal to improve power supply and reliability in Brazil

29.11.2018


ABB has signed a $20 million contract with Furnas – Centrais Elétricas S.A. that will boost transmission capacity and improve power quality for electricity consumers in Southeast Brazil, optimizing the use of hydropower. Under the deal, ABB will supply electrical systems that will enable existing alternating current (AC) lines to transmit higher levels of power…



Dam and blast: big hydro infrastructure needs a major rethink

06.11.2018


Researchers call for big changes to hydropower and dam design to meet the challenges of climate change and social disruption. Nick Carne reports. Hydropower needs to be significantly rethought if it is to provide benefits rather than becoming even more of an environmental and social burden, according to a new US report. In short, says…



Energy Storage Systems Market Set For Rapid Industry Growth, To Reach Value Around USD 296.0 Billion by 2024

27.10.2018


A new research report ‘Energy Storage Systems Market by Technology (Compressed Air, Pumped Hydro Storage, Lithium Ion, Sodium Sulfur, Nickel Cadmium, Lead Acid, Redox-Flow, and Flywheel), by Application (Transportation and Grid Storage), and by End-User (Non-Residential, Utility, and Residential): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024’ on Energy Storage Systems Market provides…



Pumped Hydro Storage Market to hit more than US$ 320 Billion by 2024

22.10.2018


New York, October 22, 2018: The scope of the report includes a detailed study of Global Pumped Hydro Storage Market with the reasons given for variations in the growth of the industry in certain regions. Pumped Hydro Storage are equipment that can efficiently and conveniently store multiple varieties of energy which will be utilized as…



Enel takes control in Chile

16.10.2018


Enel Green Power has inaugurated a new renewable energy control room in Santiago de Chile which is able to monitor wind, solar, hydro and geothermal technologies. The new centre will manage all the company’s 4.7GW of operational renewable power at 36 plants in the South American country. It will operate 24 hours a day, 365…



Luz del Sur Signs Peru deal for 480-MW Hydro Project

09.10.2018


The Arequipa regional government in Peru and power distributor Luz del Sur have signed a contract to advance development of the 480-MW Majes Siguas II hydro project. This agreement covers the construction of the Lluta and Lluclla plants, which combined will cost an estimated US$970 million. The regional government authorized the award of the private…



IDB and IHA partner to promote sustainable hydro development in Latin America

08.10.2018


The Inter-American Development Bank (IDB) and International Hydropower Association (IHA) have signed a partnership agreement to support sustainable development involving hydropower across Latin America and the Caribbean. The memorandum of understanding seeks to expand opportunities for the exchange and adoption of good industry practices, with the goal of enhancing the technical, social, economic and environmental…



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…