hydropower
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Press Releases
Voith Hydro starts new year with expansion of operation and maintenance business for hydropower plants by acquiring majority stake in Green Highland Renewables
HEIDENHEIM, GERMANY/PERTH, SCOTLAND (Jan. 19, 2022) — Voith Hydro acquired a majority shareholding of Green Highland Renewables (GHR) at the end of 2021. With this step the company expands its business in the field of maintenance as well as operation and development of hydropower facilities. The German full-line supplier for hydropower equipment and the Scottish […]
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Solar
Renewables’ Share of U.S. Power Will Keep Upward Trajectory
Renewable energy’s share of U.S. power generation continues to rise, and the percentage of electricity produced by burning natural gas and coal continues to fall, according to the latest “Short-Term Energy Outlook,” or STEO, from the U.S. Energy Information Administration (EIA). The EIA on Jan. 18 said it expects U.S. power generation from renewables—mostly solar […]
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Hydro
Ethiopian GERD Mega-Dam Readying to Test Power Production
Ethiopia is reportedly gearing up to begin testing hydropower generation at its flagship 5.2-GW Grand Ethiopian Renaissance Dam (GERD), despite a continued diplomatic row about its potential implications on water consumption on the Blue Nile. Citing unnamed project sources, Capital, a weekly Ethiopian business newspaper, reported this week that work to begin test power generation […]
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Energy Storage
Former Coal Mine Will House New Pumped-Hydro Storage Project
A company active in the hydropower sector is working on a new project to build a pumped-hydro storage facility at the site of a former coal mine in Kentucky. Boston, Massachusetts-based Rye Development, which has a current in-design or operational portfolio of 25 projects in 10 states, on Jan. 4 announced it was developing the […]
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Solar
POWER Digest [January 2022]
Israeli Group Enters JV for Renewable Energy in Poland. Israeli renewables developer Nofar Energy in late November announced formation of a joint venture (JV) with Poland’s Electrum S.P. Z O.O to develop as
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Press Releases
Siemens Gamesa hits deal with Eolus and Hydro REIN to install Stor-Skälsjön hydro project in Sweden
DEC. 30, 2021 — Siemens Gamesa has tightened its partnership with Swedish developer Eolus and Hydro REIN with a deal to supply the 260MW Stor-Skälsjön project in central Sweden. The contract takes deals signed with Eolus to just over 450MW as they work to stimulate an energy transition across the Nordics. Hydro REIN is co-owner […]
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Gas
ISO-NE Warns Fuel Supply Issues May Threaten Winter Power System Reliability
New England faces a precarious fuel supply risk that could necessitate emergency actions if a severe prolonged cold snap hits the region this winter, ISO New England (ISO-NE) has warned. The regional grid operator expects power demand will peak at 19,710 MW during average winter weather conditions of 10F, but if temperatures plunge below 5F, […]
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Hydrogen
Hydropower: A Cost-Effective Source of Energy for Hydrogen Production
With more countries announcing net-zero plans for 2050 or sooner, hydrogen’s time has come to play a major and integrated role in our energy infrastructure. The energy industry has shown an increased interest in understanding the opportunities, challenges, and economic realities in integrating hydrogen into their energy portfolios. The March 2020 BloombergNEF Hydrogen outlook estimates […]
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News
Siemens Energy Pulls Out of Global Hydropower Joint Venture
In another effort to streamline its business, Siemens Energy has moved to relinquish a 35% stake in Voith Hydro, a hydropower-focused joint venture it had long held with German technology company Voith Group. Munich-headquartered Siemens Energy and Heidenheim-headquartered Voith Group announced in separate releases on Oct. 22 that they had reached a mutual agreement to […]
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Press Releases
Voith Group strengthens hydropower core business and acquires Siemens Energy’s complete stake in Voith Hydro
Voith acquires remaining 35 percent stake in Voith Hydro from joint venture partner Siemens Energy With the acquisition, Voith is continuing its expansion of the core business in the field of sustainable technologies Great potential for sustainable profitable growth through rising importance of hydropower for achieving global climate targets HEIDENHEIM, GERMANY: In the future, Voith […]
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