Salini awarded EUR3.35bn to build Ethiopia’s Millennium hydro project
Italy’s Salini is to build Africa’s largest hydroelectric project in Ethiopia.
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Posts Tagged ‘hydropower’
China to build US$1.2bn Pakistani hydropower project
China to build 720MW Korrak hydropower complex, adding 720MW to Pakistan’s electricity generation base.
Venezuela’s Manuel Piar hydropower plant on track for 2014 completion
Venezuela moves ahead with Manuel Piar, scheduled for completion in 2014, as the country relies heavily on hydro for its electricity generation.
Ethiopia starts construction of 5250MW Nile river project
Financing likely to be a significant hurdle. Egypt concerned over impact on water resources.
Peru awards hydropower concessions, expects US$1.8bn in investment
Over 900MW of new hydropower capacity expected to come online “around” 2016.
Hydropower wrap-up: High court overturns Brazilian Belo Monte ruling, Nepal to expand hydro sector
China’s Huadian aims to build 21GW of hydroelectric power along the Nu River, Three Gorges dam expected to be fully complete in 2015.
Laos and Vietnam at loggerheads over Mekong dam project
1260MW Xayaburi dam project under fire for environmental impact and potential damage to Vietnam’s food production.
China Yangtze Power and Deripaska’s EuroSibEnergo to invest US$4.6bn in Siberian power
EuroSibEnergo and China Yangtze Power to build 10GW of power generating capacity in Siberia and eastern Russia with an eye on supplying Chinese markets.
Power production pushes Iberdrola profit to US$4bn
Increased generation from hydropower and wind sources pushes net profits past expectations for Iberdrola.
Vietnam struggles to keep pace with surging power demand
Low water levels at Vietnam’s hydroelectric plants are combining with rapid demand growth and delays in new capacity build to create growing power shortages across the country. Faced with this deteriorating situation the government is beginning to introduce long overdue reform and raise prices in order to attract much needed investment.
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