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Hydropower drives Vattenfall, Statkraft profits, Fortum hit by reduced prices

Sweden's Vattenfall and Norway's Statkraft registered higher first-quarter earnings on Thursday, sustained by higher hydropower production, while fossil-fuel reliant Finnish Fortum's profit dropped.

read more... 29/04/2016

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Brazil: Installed power capacity to increase by 7, 739 MW this year, driven by hydropower

Brazil’s installed generating capacity is set to increase by 7, 739 MW in 2016, with 65% of that hike originating from hydro plants, Ministerio de Minas e Energia stated in its latest power sector bulletin.

read more... 14/03/2016

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€35 million to raise hydropower in Morocco

Morocco will obtain an investment estimated at €35 million (£24.8m) to increase the hydropower sector in the country.

read more... 11/11/2015

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Georgia's hydropower plant project obtains $673 million funding

Plans by the ex-Soviet republic of Georgia to build a major hydropower plant aiming to turn into an energy exporter obtained a $673 million financing from the Georgian Co-Investment Fund (GCF), as stated by the fund on Thursday.

read more... 16/10/2015

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Verbund increases 2015 profit estimation, close to grid settlement

Austrian hydropower supplier Verbund increased its 2015 earnings forecast on Thursday, declaring it was close to an accord over sharing power grid costs with other Austrian utilities.

read more... 13/07/2015

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