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...
Jobs and People

Renewable energy continues to bring socioeconomic benefits by creating numerous jobs worldwide, according to figures released by the International Renewable Energy Agency (IRENA). The seventh edition of Renewable Energy and Jobs – Annual Review shows that jobs in the sector reached 11.5 million globally last year. Solar PV led with 3.8 million jobs, followed by...
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...
Finance

Investment funds managed by Squadra Investimentos have increased their participation in São Paulo power generation company CESP, now holding 10.2% of the class B preference shares, according to a CESP release. Squadra is CESP’s second largest shareholder, behind Votorantim Energia Participações, which holds a 40% controlling stake it acquired from the state government during a...
Research and Development

Celec, Ecuador’s state power corporation, has relaunched bidding to advance a project to transfer water between the Toachi and Baba river basins to optimize hydroelectric production. According to BNamericas, the project envisions the gravity transport of water from the Toachi River to the Baba River to improve output at the 42-MW Baba hydro plant in...
Rehabilitation and Repair

Itaipu Binacional, operator of the 14-GW Itaipu hydroelectric plant on the Brazil-Paraguay border, has resumed the procurement process for the US$660 million technological revamp of the project. According to BNamericas, the call for the 14-year modernization project was suspended in April due to COVID-19. Itaipu, on the Parana River, is the world’s second largest hydropower...