CAI, Rye Development to partner on construction of 22 hydroelectric projects in U.S.

Climate Adaptive Infrastructure, LLC (CAI) announced it is funding the construction of 22 hydroelectric projects (to be developed under the name Rye Hydro) at existing non-powered dams (NPDs) in the eastern U.S., alongside Rye Development LLC. CAI is an infrastructure investment firm specializing in low-carbon real assets in the energy, water and transport sectors. Rye […]

Hydro to add 18% of generation in Africa by 2030, but fossil fuels will dominate

New research from the University of Oxford predicts that total electricity generation across the African continent will double by 2030, and fossil fuels will continue to dominate the energy mix – posing potential risk to global climate change commitments. The study, published in Nature Energy, uses a machine-learning technique to analyze the pipeline of more […]

DORE’s first investment since IPO involves eight Swedish hydropower plants

Downing Renewables & Infrastructure Trust plc (DORE) has exchanged contracts to acquire its first investment, a portfolio of eight operational hydropower plants in central and southern Sweden. The portfolio is being acquired from Fortum Sweden AB for a price of €64.5 million (US$79.3 million) on a debt- and cash-free basis, and the transaction is expected […]

IRENA and Ocean Energy Europe partner to drive ocean energy industry

Ocean Energy Europe and the International Renewable Energy Agency have signed a memorandum of understanding to “deepen existing cooperation to accelerate the commercialization of ocean energy technologies, by promoting the right policy incentives and innovative business models in Europe and globally.” The MoU was signed by Rémi Gruet, chief executive officer of OEE, and Francesco […]

Hillsboro In-Pipe Hydroelectric Project completed in Oregon

The City of Hillsboro, Energy Trust of Oregon, Portland General Electric (PGE) and InPipe Energy jointly announced the completion of the Hillsboro In-Pipe Hydroelectric Project – the first renewable energy project featuring the In-PRV system. In-PRV is a smart water and micro-hydro system that generates electricity by harvesting excess pressure from a city water pipeline, […]

€500 million Climate Endowment Hydropower Fund launched

The Climate Endowment Group and eHydro500 have created the Climate Endowment Hydropower Fund (CEHF), an institutional investment fund focused on investing in midsized hydropower plants across Europe. The Climate Endowment Group is a climate-focused investment company employing the multi-asset class endowment style pioneered by Yale and Harvard universities. eHydro500 is an interdisciplinary team of hydropower […]

U.S. hydroelectric generation to increase in 2020 despite drought conditions, EIA says

Electricity generation from hydroelectric power plants in the U.S. will grow by 4% in 2020 from 2019 levels, to 280 billion kWh, despite current drought conditions and extensive wildfires in parts of the country, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook (STEO). States in the Pacific Northwest, home to the Columbia […]

Hydroelectric-solar microgrid powering operations in Patagonia National Park

A run-of-river hydroelectric power station, photovoltaic installation and battery storage system have been combined to provide facilities in the Patagonia National Park with electricity from renewable energy sources, according to a press release from Tesvolt. The park, an important nature conservation project, was established by the founder of North Face, Douglas Tompkins, and his wife […]

IFC releases study on impacts of hydro development in Nepal’s Trishuli River Basin

IFC, a member of the World Bank Group, has released the recommendations of its Cumulative Impact Assessment (CIA) of the Trishuli River Basin (TRB), which calls for setting up a Trishuli Hydropower Developers’ Forum to minimize the adverse impacts of hydropower development on TRB’s ecosystem and its people. The year-long study, Cumulative Impact Assessment and […]