Small Hydro

Orillia Power Generation Corporation, which is wholly owned by the city of Orillia in Ontario, Canada, acquired 100% of Shaman Power Corporation for $11 million on Oct. 1, 2020, adding three hydro generating stations to the company’s portfolio. The Shaman acquisition adds the Marmora, Elora and Fenelon Falls small hydro stations in Ontario to Orillia’s...
Business

Within 10 years, the economies of Central and South Eastern Europe could cover 34% of their rising energy demand cost-effectively with renewables, including hydropower, a new report by the International Renewable Energy Agency (IRENA) finds. The Renewable Energy Roadmap for the Central and South Eastern Europe Energy Connectivity (CESEC) initiative shows that accelerating the take-up...
Business

Citing “ongoing media speculation regarding the future of Manitoba Hydro International (MHI),” Manitoba Hydro issued a statement that no decisions have been made regarding the future of its wholly owned subsidiary. “While we did conduct an extensive review of MHI’s operations using an independent third party, no decisions have been made,” said Jay Grewal, president...
Business

HYDROVISION International and Hydro Review are hosting the HYDROVISION Exchange, Nov. 16-19, 2020. This live event will be a completely virtual experience that will kick off with a powerful keynote address and provide timely content and education sessions, peer-to-peer networking, and matchmaking assistance between decision-makers and sellers. Content and session topics will cover some of...
Business

Hybrid systems of floating solar panels and hydropower plants may hold the technical potential to produce a significant portion of the electricity generated annually across the globe, according to analysis by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). NREL researchers estimate that adding floating solar panels to bodies of water that already...
Business

The International Renewable Energy Agency (IRENA) has held its second meeting of the Collaborative Framework on Hydropower. The first was held in June 2020. Hydropower is the largest source of renewable energy worldwide, and its development is considered essential in driving the energy transition forward. IRENA members have requested that IRENA expand its work on...
Business

Compañía Minera Teck Carmen de Andacollo S.A. (CdA) and AES Gener S.A. – the Chilean affiliates of Teck Resources Limited and AES Corporation — have entered into a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo operation in Chile. Carmen de Andacollo is a copper mine in the Coquimbo...