Downing Renewables & Infrastructure Trust Plc (DORE) recently took a significant step in strengthening its renewable energy portfolio by announcing plans to acquire three hydropower plants in Sweden. The hydropower plants—Hagby, Gyttorp, and Hammarby—along with their associated storage res
September 4, 2024To address its long-standing energy crisis, Pakistan has launched a significant initiative—the Dasu Hydropower Project, part of the China-Pakistan Economic Corridor (CPEC). This venture recently marked a major milestone by integrating its first hydropower unit into the national grid, generating h
August 27, 2024The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has recently announced an $8.8 million funding initiative for 11 university-based research and development projects aimed at improving the performance of hydrogen-fueled turbines. This substantial investment i
August 26, 2024The Biden administration's Inflation Reduction Act (IRA) is unequivocally reshaping the green energy landscape in the United States. With nearly $400 billion in federal funding aimed directly at enhancing clean energy technologies, this landmark legislation has served as a catalyst for
August 26, 2024Zambia is bracing for an extended electricity crisis as the nation grapples with a severe drought that has drastically reduced the water levels in its hydropower dams. The drought, declared a national disaster in February, has left the country's primary source of electricity—hydropower—in a pre
August 26, 2024Romanian hydropower company Hidroelectrica, listed on the Bucharest Stock Exchange as ##O, has re-opened the tender for the refurbishment and upgrade of its Bradisor Hydropower Plant. Initially, the refurbishment project, budgeted at about EUR 75 million, failed to attract any bids, prompting
August 26, 2024