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Boralex reports significant jump in energy sales in 2020

For the fiscal year ended Dec. 31, 2020, Boralex Inc. posted energy sales of $619 million ($738 million), an increase of 10% (7%) over FY2019, and EBITDA(A) of $434 million ($513 million), an increase...

Salamon named Reclamation’s Engineer of the Year for 2021

Jerzy W. Salamon, P.E., S.E., Ph.D., is the Bureau of Reclamation's Engineer of the Year for 2021. Salamon is recognized for his initiative, development and involvement in various research aspects and contributions to Reclamation's...

Granholm sworn in as 16th Secretary at U.S. Department of Energy

Jennifer M. Granholm was sworn in Feb. 25 as the 16th Secretary of Energy by U.S. Vice President Kamala Harris, after a confirmation vote of 64-35 in the U.S. Senate. Secretary Granholm is only the...
Ocean

Corpower receives funding boost to commercialize wave energy tech

Corpower has received €9 million ($10.9 million) in investment to scale-up its commercial demonstration of wave energy technology. The funding round, which was led by Midroc New Technology and included SEB Greentech VC, family offices...

En+ Group to replace six units at 4.5-GW Bratsk hydropower plant

En+ Group announces it has begun replacing six hydraulic units at the its 4.5-GW Bratsk hydropower plant, on the Angara River in Russia, as part of its "New Energy" modernization program. The total investment for...

HydroLand acquires 25-MW hydroelectric portfolio from Enel Green Power North America

HydroLand announces it has acquired a 25-MW portfolio of hydroelectric facilities from Enel Green Power North America Inc. The names of the facilities, and the purchase price, were not disclosed. The release does say that...

Hydro 101: Master the basics at HYDROVISION International with Waterpower Hydro Basics

Particularly if you’re new to the hydroelectric power sector, or even a seasoned professional moving in a new direction, the Waterpower Hydro Basics Course is a perfect opportunity to learn more about all aspects...
Hydropower

Utilities with hydro again named to World’s Most Ethical Companies list

There were nine energy and utilities companies honored, out of a total of 135, on the 2021 World’s Most Ethical Companies list released by Ethisphere, and several of these utilities own and operate hydroelectric...
Oyster Creek Nuclear Plant Closing

Exelon splitting generation business from T&D utilities into publicly traded spinoff

Chicago-based utility holding company Exelon Corp. will separate its competitive generation business from its transmission and distribution segment, creating two different and publicly traded companies. Exelon is spinning off Exelon Generation. The separation gives both...

Roadmap for a Renewed U.S.-Canada Partnership includes energy goals

On Feb. 23, U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau signed the Roadmap for a Renewed U.S.-Canada Partnership. They said: “It is in the shared interest of the United States and...