Eco Wave Power U.S. Inc. has joined the NVIDIA Inception programme, an initiative designed to support companies advancing artificial intelligence, data processing, simulation, and high-performance computing technologies.
Baker Hughes and Helmerich & Payne, Inc. have announced a strategic collaboration to support geothermal exploration and development in the US, including the contracting of a land drilling rig dedicated to geothermal activity.
Statkraft has announced updated estimates for investments in Norwegian power generation, with a focus hydropower, and plans to invest around NOK 80 billion over the next 10 years.
Tenaris has signed a memorandum of understanding with Green Therma to accelerate next-generation geothermal solutions in Europe.
The Asahan-3 hydroelectric power project in North Sumatra, Indonesia, has become the first in the country to be certified under the Hydropower Sustainability Standard (HSS).
Geothermal Engineering Limited has secured £10 million in financing from ABN AMRO to expand geothermal and lithium production in Cornwall.
The Royal Government of Bhutan and the World Bank have signed financing agreements totalling US$515 million for the 1125 MW Dorjilung hydroelectric power project.
The Department of Energy’s Hydropower and Hydrokinetic Office has announced it will soon resume negotiations to issue nearly US$430 million in payments to 293 hydropower projects at 212 facilities in America.
Eavor Technologies Inc. has welcomed the bipartisan introduction of the Next-Generation Geothermal Research and Development Act by US Senators.
DeterTech and Gallagher have announced a strategic partnership to prevent crime at renewable energy sites, reduce repeat targeting, and improve access to effective insurance cover.
Natural Resources Wales has approved an application by Menter Môn Morlais Ltd to vary its existing marine licence, allowing different types of tidal technology to be deployed within the Morlais zone.
The International Hydropower Association has launched a four-point action plan urging the Spanish government to accelerate the development of pumped storage.
Mercury NZ Ltd has selected international technology group ANDRITZ to supply nine new turbines and 13 new generators for a major upgrade of the Maraetai I, Atiamuri, and Ohakuri Hydro Stations in New Zealand.
Quaise Energy is on track to build the world’s first power plant using superhot geothermal energy, which is expected to be operational as early as 2030.
The European Investment Bank Group has approved a total of €10 billion in financing, including €2 billion to expand European clean energy investments.