Quaise Energy raises US$134 million in first close of Series B
Quaise Energy has announced the first close of its Series B financing, raising US$134 million to build world’s first superhot geothermal power plant.
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Tongland power station restored following £2 million refurbishment
Tongland power station, one of Scotland’s oldest hydroelectric power stations, has undergone a £2 million refurbishment by Drax.
Eavor receives support from Government of Alberta
Eavor Technologies Inc. has been awarded CAN$8 million from the Government of Alberta's industry-supported Technology Innovation and Emissions Reduction fund through Emissions Reduction Alberta's Drilling Technology Challenge.
ANDRITZ to upgrade Strandfossen hydropower plant
Hafslund has selected ANDRITZ to rehabilitate and upgrade the Strandfossen hydropower plant on the Glomma River.
Nexans and Hydro secure long-term low-carbon aluminium supply agreement
Nexans and Hydro have signed a five-year long-term agreement for the supply of approximately 85 000 t of low-carbon aluminium wire rod.
Laos and Myanmar sign agreement for Border Mekong hydropower feasibility study
Laos and Myanmar have advanced bilateral energy co-operation with the signing of a joint development agreement to undertake a feasibility study for a proposed hydropower project on the Mekong River along the Laos–Myanmar border.
Record curtailment and temperatures in Europe indicate clear need for energy storage
The 2026 World Hydropower Outlook, released by the International Hydropower Association, highlights Europe’s growing recognition of hydropower as a strategic pillar of the continent’s energy transition, resilience, and energy sovereignty.
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OMV and Energie Steiermark join forces in deep geothermal energy
OMV and Energie Steiermark are partnering to advance deep geothermal energy in Styria and actively drive forward the heat transition.
World Bank Group and Morocco partner for next-generation hydropower
The World Bank Board of Directors today approved US$265 million to support the Ifahsa pumped hydropower storage project in Morocco.
Downing completes acquisition of three hydropower plants in Finland
Funds managed by Downing have completed the acquisition of Tornionlaakson Voima Oy, which owns and operates three hydropower plants in the Tengeliönjoki river basin in Northern Finland.
World Bank approves Rogun hydropower plant financing
The World Bank has approved the second phase of financing for the Rogun hydropower plant.
Aker Solutions secures contract with Tussa Energi for Tussa II hydropower plant
Aker Solutions has secured a contract with Tussa Energi to supply all electromechanical equipment for the Tussa II hydropower plant, located in the Volda region of western Norway.
LNS deploys Volvo A30 Electric at hydropower project
Volvo Construction Equipment has delivered the world’s first A30 Electric articulated haulers to Leonhard Nilsen & Sønner AS for use on the Hafslund hydropower project.
Baker Hughes and Mantle Reach Power announce strategic agreement
Baker Hughes and Mantle Reach Power have announced a new commercial agreement to facilitate the large scale deployment of geothermal energy in North America.
Hitachi Energy awarded contract for Elmed converter stations
Terna and STEG have awarded Hitachi Energy a contract worth approximately €770 million for the construction of the converter stations for the Elmed project.