Finance

Aquila Capital has announced a €250 million (US$269.7 million) expansion of its partnership with Dutch pension investor APG in European hydropower, now up to €550 million (US$593.3 million). The investment will facilitate the expansion of Norwegian-based Småkraft AS, the largest operator of small-scale hydropower plants in Europe. Smakraft has 110 operational plants, producing nearly 1.2...
Research and Development

Policy certainty will increase domestic and international investing into India, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The study, India’s Renewable Energy Policy Headwinds – Recommendations for Urgently Accelerating Activity in the Renewable Energy Sector, finds that several recent policy positions have undermined growth in India’s renewable energy...
Rehabilitation and Repair

The European Bank for Reconstruction and Development (EBRD) has awarded Stantec the contract to continue work on the second phase of the capacity building project to strengthen the climate resilience of Tajikistan’s energy sector assets and operations, as part of the EBRD’s investment in the rehabilitation of the 126-MW Qairokkum hydropower plant in northern Tajikistan....
Job Transitions

HDR announces Mike Mayer has joined the company as senior environmental planning lead, and senior vice president John Devine has retired. Mike Mayer has more than 20 years of experience on natural resources projects related to energy development, transmission and mining. He will lead complex environmental permitting and National Environmental Policy Act projects, as well...
Job Transitions

Bethany M. Owen, current president of ALLETE, has been elected chief executive officer of ALLETE, succeeding Alan R. Hodnik. To support an orderly transition, Hodnik will serve as executive chairman of the ALLETE Board of Directors and will be involved with Owen, the board and executive leadership until his retirement from the company and the board in May 2021....
Research and Development

The U.S. Energy Information Administration (EIA) says it has redesigned its International Energy Portal to streamline navigation, simplify data presentation and implement responsive design use. The previously available portal was a beta release. The International Energy Portal contains EIA’s country-level energy data. Users can view and download data sets for consumption, production, trade, reserves and carbon dioxide...
Finance

U.S. President Donald J. Trump has proposed a $1.1 billion Fiscal Year 2021 budget for the Department of the Interior’s Bureau of Reclamation. Reclamation says the budget builds on recent accomplishments and supports the administration’s goals of ensuring reliable and environmentally responsible delivery of water and power for farms, families, communities and industry, while providing...