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New Report Assesses Potential Improvements to U.S. Hydropower Production

The Energy Department today announced a study outlining key improvements that can be made to hydropower production in the United States to provide more efficient and cost-effective electricity to homes and businesses. Developed with funding from the Energy Department, the Electric Power Research Institute's (EPRI) report, titled "Quantifying the Value of Hydropower in the Electric GridPDF," identifies and assesses the quantifiabl...

Hydro - Apr 22, 2013

Statkraft acquires EVN's shares in Devoll Hydropower ShA

Yesterday, Norwegian Statkraft AS and Austrian EVN AG signed an agreement by which Statkraft will acquire EVN's 50 percent stake in Devoll Hydropower ShA. The transaction is subject to the consent of the Ministry of Economy, Trade and Energy of Albania (METE), as well as ratification by the Parliament of the Republic of Albania in order to amend the concession agreement accordingly. The Devoll hydropower project in Albania, has been th...

Hydro - Mar 20, 2013

Alstom completes the acquisition of Tidal Generation Limited (TGL) from Rolls-Royce plc

Alstom has completed the acquisition of Tidal Generation Limited (TGL) from Rolls-Royce plc. In September 2012, Alstom announced that it had agreed to acquire TGL, which specialises in the design and manufacturing of tidal stream turbines, subject to the achievement of critical milestones including the successful installation of the 1 MW tidal turbine at the European Marine Energy Centre’s (EMEC) full-scale tidal test site in Orkney, Sco...

Hydro - Jan 30, 2013