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Fortress Paper unit to sell hydropower asset in Canada

Landqart, a wholly owned subsidiary of Fortress Paper, has signed an asset purchase agreement with Swiss utility company to sell its hydropower and other related real estate assets in Canada. Fortress Paper chairman chief executive officer...

Energreen, Hydro Alternative Energy sign MOU to develop hydro projects in Mexico

Hydro Alternative Energy (HAE) has signed a memorandum of understanding (MOU) with the Mexican company Energreen, to develop off-shore hydrokinetic energy projects in Mexico. The electric power generated from the hydro projects will be used for...

Alstom inks EUR35m deal for Turkey hydro power plant

Alstom has secured a €35m contract to supply all electrical equipment and environmental unit to Turkey’s new Beyhan-1 hydroelectric power plant. As per the deal, Alstom will deliver the 32MW environmental turbine-generator-unit, power transformers, 380 kV...

Voith Hydro to supply equipment for hydro power station in Czech Republic

Voith Hydro has secured a €10.5m contract from the Czech consortium Metrostav and Zakládáni staveb for the delivery of the electro-mechanical equipment for the Štetí small hydro power station in Czech Republic. The Štetí hydropower station...

Voith Hydro to provide equipment for Red Rock hydroelectric plant in US

Voith Hydro has secured a €35m contract to provide generators and turbines for the 55MW Red Rock hydroelectric power project in the US state of Iowa. The company will provide two vertical Kaplan type turbines with...

The European Bank for Reconstruction and Development (EBRD) is providing a syndicated loan of about €123.2m ($164m) to Croatia’s electricity utility Hrvatska Elektroprivreda, to...

Romanian firm Hidroelectrica is planning to invest approximately RON1.25bn ($383.69m) in 2012 to build new hydropower plants and upgrade existing ones. The company aims to hold a majority stake in a project to construct the Tarnita-Lapustesti...

EBRD finances 70MW hydropower plant in FYR Macedonia

The European Bank for Reconstruction and Development (EBRD) is providing a EUR65m loan for the construction of the Boskov Most hydropower plant in FYR Macedonia. The hydropower facility, which will have a generation capacity of 70MW,...

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