Hydropower - New Energy Events

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 […]
Japan donates three hydroelectrical stations to El Salvador
July 16, 2018
Last week the government of Japan donated three hydroelectrical stations, each with an estimated value of US$560,000, to three universities in the country: Universidad de El Salvador, Universidad Centroamerciana and to the Universidad Don Busco. The donation is meant to serve as a tool and provide expertise to local university students. Japan has estimated that […]
South Korea delegation explores hydroelectricity in Nicaragua
May 24, 2018
The Nicaraguan government is currently promoting investment projects in renewable energy with businessmen from South Korea. Upon completion of feasibility studies for large hydroelectric projects, Korean funds and multilateral funds will finance their construction and operation. The deputy director of the Ministry of Land, Infrastructure, and Transport, Ji Woo Kim, led the delegation, praising Nicaragua […]
Jamaica wants hydropower, could build up to 30 MW
May 2, 2018
Hydropower is getting some attention from Jamaica, who recently identified 11 potential sites for development which could contribute around 30 MW to the renewable energy portfolio. In developing it’s roadmap for the next years, also known as the Integrated Resource Plan (IRP), Jamaica set aside a special component dedicated to hydropower as an alternate source […]