Day: February 4, 2019

Manitoba Hydro announces workforce cuts, rate increases as debt rises

Manitoba Hydro has announced that it will eliminate more than 15% of its workforce while raising rates by at least 10% as the provincial utility's efforts to cut expenditures continue.


N.C. Attorney General files injunction against Woodlake owners amidst prolonged dam safety concerns

The North Carolina Attorney General's Office has filed a court injunction against the German ownership group that owns the damaged Woodlake Dam in an effort to make it pay for dam safety repairs.


Aquila Capital opens office in Norway ahead of merger

Germany-based entrepreneurial firm, Aquila Capital, opened an office this month in Oslo, Norway, to coordinate investment and transaction management as well as operations in the hydropower sector.


EPC contract signed for 30-MW Nyadi hydropower project in Nepal

Nyadi Hydropower Ltd. and Zhejiang Hydropower Construction & Installation Company Ltd. of China signed an engineering, procurement and construction (EPC) contract on Jan. 16 for the 30-MW Nyadi hydropower project, according to local published reports.  


The Clean Tech Primer 2017

In New York, Raymond James released its Clean Tech Primer 2017, arguably the most cogent and concise summary of activity and prospects across the gamut from solar power through to water technology, including all biofuels, biopower and bioindustrials.


US$40 million available for the first open-ocean, grid-connected U.S. wave energy test facility

U.S. Sens. Ron Wyden, D-Ore., Jeff Merkley, D-Ore., Lisa Murkowski, R-Alaska, and Patty Murray, D-Wash., today announced funding will be awarded to build the United States’ first open-ocean, power grid-connected wave energy test facility at a site off the Oregon coast, according to a U.S. Senate…


10-MW Langtang Khola small hydropower project in Nepal receives financing

A consortium of banks has agreed to finance about Rs 1.60 billion (US$23.7 million) for the 10-MW Langtang Khola hydropower project on the Langtang River located in the Rasuwa district in the Himalaya region of Nepal. 


MeyGen tidal power site reaches milestone with production of first energy

The first power has been produced at the MeyGen tidal power site in Scotland, according to project developer Atlantis Resources Ltd.


Chile will increase small hydropower generation with 3-MW Los Pinos hydropower plant

Chile's Schwager Energy and China-based Shenyang Yuanda Commercial & Investment Co. signed a memorandum of understanding on Nov. 3 to build the 3-MW Los Pinos run-of-the-river hydroelectric plant in southern Chile's Lagos region, according to BN Americas.  


Carnegie Wave Energy to change name to Carnegie Clean Energy

Carnegie Wave Energy Ltd., in a press release on Nov. 1, announced it intends to change its name to Carnegie Clean Energy Ltd. (CCE).