Hydropower - New Energy Events

ENERGO-PRO acquires 350 MW Baixo Iguaçu hydropower plant
March 27, 2025
Czech energy company ENERGO-PRO has signed an agreement to acquire the 350 MW Baixo Iguaçu hydropower plant in Brazil for over US$269.5 million, marking the largest Czech investment in Latin America. Once regulatory approvals are complete, Baixo Iguaçu will become ENERGO-PRO’s largest energy asset, boosting its total installed capacity to 1,850 MW. Source: Renewables Now
BNDES approves US$39.7 million loan for solar and hydropower projects
June 19, 2024
BNDES has approved a US$39.7 million loan to support the construction of 29 MW of solar and hydropower capacity in Santa Catarina. Source: Renewables Now
Brazil adds 507.8 MW of renewable energy in April
May 11, 2023
Brazil added 507.8 MW of wind, solar, and hydropower generation capacity in April. Overall, the country added 1,643 MW of wind and 1,243.4 MW of solar sources in the first four months of the year. Source: Renewables Now
ContourGlobal Plc sells its Brazilian hydropower enterprise for US$327 million
July 13, 2022
ContourGlobal Plc, the UK energy producer, sold its hydropower enterprise in Brazil for US$327 million. Patria Investments will take over. Source: Renewables Now
Brazil’s Elera to invest US$790M in renewables
June 9, 2021
Elera Renováveis plans to invest almost 4bn reais (US$790mn) in Brazilian hydro, solar and wind power projects in 2021-22, a company spokesperson announced. Source
5 ways to decarbonize national oil companies in Latin America and the Caribbean
February 17, 2021
By: Paola Carvajal, Javier García, Carlos Sucre and Christiaan Gischler, IDB The global hydrocarbon industry has been a long-time pillar of energy systems supplying in 2018 around 54% of global primary energy. This supply comes at a high cost in terms of carbon emissions as it accounted for 56% of the planet’s carbon dioxide emissions […]
Mauritius signs deal for first Tesla cascading hydro plant
May 28, 2020
True Tesla Technologies Mauritius (TTT) has signed a partnership deal with CEB to install a hydro-power plant. Tesla’s technological innovation comes in to supply renewable energy in Mauritius. Among other innovators, TTT got the nod to develop the first pilot cascading Hydro Plant producing 100kW to the national grid in Mauritius. The firm showcased its […]
Jamaica takes a closer look at pumped hydro
March 26, 2020
Jamaica has started studying the potential for pumped hydro storage on its electric grid to supply the grid with energy in times of need, as announced by Prime Minister Holness. The project envisions pulling water from the Middlesex aquifer in St Ann parish and pumping the water to reservoirs at higher elevations. The water would […]
Invenergy, EPM partner to bring more renewable energy capacity to Colombia
December 2, 2019
U.S. energy firm Invenergy announced a joint venture with with Empresas Públicas de Medellín (EPM) to bring more than 400MW of renewable energy capacity to Colombia over the next five years. EPM is looking to expand beyond hydropower, which includes its problem-plagued Hidroituango dam project. This new enterprise has Invenergy developing and operating wind and […]