Small Hydro

Boralex Inc. has announced the commercial commissioning of its 16-MW Yellow Falls hydroelectric station, under the terms of a price-indexed power purchase agreement with the Independent Electricity System Operator (IESO) for a period of 40 years. The station is located on the Mattagami River about 20 km south of Smooth Rock Falls, Ontario. “It’s with...
Business

Deep disparities define today’s energy world, the International Energy Agency says, citing a variety of examples: The dissonance between well-supplied oil markets and growing geopolitical tensions and uncertainties. The gap between the ever-higher amounts of greenhouse gas emissions being produced and the insufficiency of stated policies to curb those emissions in line with international climate...
Finance

Ocean Renewable Power Company, Inc. (ORPC) reports it has closed on commitments for $7.5 million in private equity, allowing it to expand its business development and sales focus in the U.S., Canada and Chile, and, according to management, position the company for growth and profitability. “With our first commercial product launched, we are thrilled to secure the growth capital needed to expand our business development and...
Environmental

Several of the winners of the 2019 Clean Energy BC awards are hydroelectric projects. CEBC says: “Each of this year’s winners has made a meaningful impact to those around them through their hard work and dedication to advancing clean energy.” In the Operational Excellence category, the winner was: Forrest Kerr Hydro facility, owned by Axium...
Job Transitions

Sustainable Energy for All (SEforALL) announced that its new chief executive officer will be Damilola Ogunbiyi, current managing director of the Nigerian Rural Electrification Agency (REA).   The news followed United Nations (UN) Secretary-General António Guterres announcing the appointment of Ogunbiyi as his Special Representative for Sustainable Energy for All and Co-Chair of UN-Energy. She will...
New Development

The International Hydropower Association announces it has published a how-to guide for hydropower developers and operators that aims to increase knowledge and understanding of benefit sharing in project development. The How-to Guide on Hydropower Benefit Sharing will help decision-makers identify and deliver socioeconomic benefits to communities, while assisting companies to avoid business risks and improve...