Innergex Renewable Energy's financial performance for the second quarter of 2024 has raised eyebrows as the company reported a net income of $23.01 million, marking a 7.2% decline compared to the same period in 2023. Excluding non-recurring items, the firm posted an adjusted net loss of $3.86
The Department of Energy (DOE) has unveiled a comprehensive report that recommends strategic measures to fortify the U.S. hydropower supply chain. This initiative is aligned with the national goal of achieving a carbon-free electricity grid by 2035. Hydropower is particularly significant as it
As the global energy landscape evolves towards sustainability, Indonesia, a nation endowed with vast natural resources, is increasingly turning its focus towards hydropower. This renewable energy source is being eyed as a linchpin in the country’s strategy to transition from fossil fuels to cleaner
Kenya is making significant strides in its renewable energy sector with the introduction of the 2024 Net-Metering Regulations. Gazetted by the Cabinet Secretary for the Ministry of Energy, these regulations aim to operationalize net-metering arrangements as conceptualized in the Energy Act of 2019.
In the sacred mountain regions of eastern Nepal, a significant conflict erupts between the Indigenous Bhote Singsa communities and a hydropower company, Sangrila Urja Pvt. Ltd. At the heart of the dispute is the Chhujung Khola Hydropower Project. Allegations of environmental violations, forged
Amid the rapid growth of renewable energy sources, the energy sector is in dire need of advanced grid balancing technologies. UPM Energy, Finland’s second-largest electricity producer, is spearheading an initiative to address this need through strategic investment in an ultracapacitor system at the
