The Australian Government has approved $1 billion for an expansion of the state-owned power generator Snowy Hydro to back up wind and solar power.
The State Grid Corporation of China, which runs the majority of the nation’s electricity distribution networks, is constructing five pumped storage power plants to increase domestic new energy power generation.
Ontario Power Generation (OPG) has finalised the $224 million deal to acquire Eagle Creek Renewable Energy, a US operator of small hydropower facilities.
A consortium of GE Power and CIE Sociedad Anonima has won a contract from Itaipu Binacional to modernise the Itaipu Dam in Brazil, one of the world’s largest hydropower plants.
The Zambezi River Authority (ZRA) has said that the Kariba Dam is 85 per cent full, and that it has therefore increase the water allocated to the two hydropower stations for power generation.
China Power and GE of the US have launched a joint bid for a contract to construct the 2400 MW Batoka Gorge hydropower project being co-developed by Zimbabwe and Zambia.
The Tarbela Hydropower Plant will become the largest power generation facility in Pakistan on completion of a fifth extension project, taking its total output to 6298 MW.
Canada’s BC Hydro has awarded three contracts with a combined value of more than $1.26 billion for the 1100 MW Site C hydropower project in the Canadian province of British Columbia.
The European Bank for Reconstruction and Development (EBRD) is supporting the privatisation of state-owned hydropower plants in Turkey with a $55 million loan to a subsidiary of Koc Holding.
Korea Southern Power Co (KOSPO) has announced that it will be making significant investments into new and renewable energy projects.