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The European Bank for Reconstruction and Development (EBRD) has approved lending USD 6.9 million (EUR 6.1m) for the construction of 13.7 MW of hydropower plants (HPPs) in Georgia. In a press release on Friday, the EBRD said it will provide the financing as part of an up to USD-14-million long-term senior loan under the Risk […]
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) plans to invest HRK 1 billion (around EUR 135 million) in renewable energy sources on average annually, in what will enable it to increase the renewables share from 35% to 50% by 2030, according to a news release from HEP. HEP plans to achieve the target through the […]
Russia will take part in the development of a feasibility study for the construction of the Mullalak and Verkhnepskemsk hydro power plants on the Pskem river in Uzbekistan, Uzbek media reported. Chairman of the Board, General Director of PJSC RusHydro Nikolai Shulginov and Deputy Prime Minister of Uzbekistan, Minister of Finance Jamshid Kuchkarov held talks […]
Hidroelektrana Dabar has selected a consortium led by AF-Consult Switzerland Ltd. in tendering to provide legal, financial, and technical advisory services in the process of awarding a turnkey/engineering, procurement, and construction (EPC) contract for a 160 MW Dabar hydropower plant (HPP Dabar), according to the website of Hidroelektrana Dabar, which operates as part of Hidroelektrane […]
A group of journalists arrived in the Roghun hydropower plant site on November 14 in order to see firsthand how the first facility of the Roghun power plant is being prepared for introducing into operation, news.tj reports. An official launch of the first unit of the Roghun HPP into operation is set for November 16 […]
The governments of Republika Srpska and Serbia will discuss the joint construction of the Paunci and Foča hydropower plants on the upper Drina river at their next session, Petar Đokić, the Bosnian Serb entity’s energy minister, has told MPs. Đokić said that he hopes by the time the session is held, a negotiating procedure will […]
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 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 […]
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 […]
The European Bank for Reconstruction and Development (EBRD) and the United Nations Green Climate Fund have provided Tajikistan with $88 million to complete the final stage of reconstruction of the Kayrakkum Hydroelectric Power Plant (HPP) and to improve electricity supply in the country. “The funds will be spent on implementation of the second and final […]
