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Hydropower

Ethiopia commissions Africa’s largest hydroelectric dam
The Grand Ethiopian Renaissance Dam is now fully operational, with a planned capacity of 5,150 MW, marking a key step in the country’s energy deployment.
Minesto launches microgrid project in the Faroe Islands with local integration
Sweden's Minesto begins a SEK25mn ($2.26mn) tidal microgrid project in the Faroe Islands, targeting integration with local applications such as electric vehicle charging and industrial processes.

Renaissance Dam could generate $1bn annual revenues for Ethiopia

The Grand Renaissance Dam, set to be inaugurated in September, aims to produce 5,000 megawatts and could generate up to $1 billion per year for Ethiopia, according to the government.
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Paris and Brussels reach agreement to unlock hydroelectric investment in France
A principle agreement between Paris and Brussels opens the way to reforming the legal framework of hydroelectric concessions in France, ending a deadlock that lasted over ten years.
Eco Wave Power activates its first operational wave power station at the Port of Los Angeles
Swedish company Eco Wave Power has completed testing of its technology at the Port of Los Angeles, reaching a tangible milestone with the launch of its floaters to generate electricity from waves.

Georgia Power launches targeted upgrades on its aging hydropower fleet

Georgia Power continues technical upgrades at several hydroelectric plants in Georgia, with approval from the public regulator, to ensure the reliability of the state’s electricity grid.
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Brazil Mobilizes $1 Billion for 65 Hydropower Plants
A landmark auction in Brazil allocates 815 MW to medium-sized hydroelectric plants, with grid injection scheduled from 2030.
ISDN acquires 51% of PT Funda to expand its hydropower assets in Indonesia
ISDN Holdings strengthens its position in Indonesia by acquiring a majority stake in PT Funda, integrating hydropower capabilities across the entire project lifecycle and consolidating its renewable energy investments.

Taiwan Allocates a Port Area to Wave Energy Through a Public Tender

The Port of Suao becomes the first site in Taiwan open to commercial testing of wave energy production, following the allocation of Lot C to I-KE International Ocean Energy Co., partner of Eco Wave Power.
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Eco Wave Power Expands Global Presence Despite Rising Mid-Year Losses
With active projects across four continents and strong liquidity, Eco Wave Power accelerates its expansion strategy while absorbing a rise in operational costs in H1 2025.
Eco Wave Power completes installation of pilot project at the Port of Los Angeles
Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.

China launches 60 GW hydropower dam and creates dedicated public group

A 60-gigawatt hydropower dam under construction in Tibet will increase national capacity by 16%, with an estimated cost of $167bn supported by a new state entity.
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Eco Wave Power installs its first wave energy floaters at the Port of Los Angeles
Eco Wave Power has completed the installation of floaters for its pilot project in Los Angeles, marking a strategic milestone in the validation and commercialisation of its wave energy technology in the US market.
Brookfield invests up to $1 billion to increase its stake in Isagen
Brookfield Renewable announces an investment of up to $1 billion to increase its stake in the Colombian energy company Isagen to 38%. Qatar Investment Authority (QIA) is also co-investing to raise its stake to 15%.

China allocates $167.1bn for strategic dam in Tibet

Beijing has launched the construction of a colossal dam on the Yarlung Tsangpo, with $167.1bn in public investment, drawing attention from New Delhi and downstream states.
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Brookfield signs 3,000 MW agreement with Google for hydropower in the United States
Brookfield and Google formalise an unprecedented framework agreement to supply up to 3,000 MW of hydropower, with initial contracts worth more than $3 billion for facilities in Pennsylvania.
Eco Wave Power completes production of floaters for its wave energy pilot project in Los Angeles
Eco Wave Power Global AB announces the completion of floaters manufacturing for its first American pilot plant, marking a major step towards the imminent deployment of wave energy at the Port of Los Angeles.

Eco Wave Power receives €2.45mn from EU to deploy wave energy

Eco Wave Power Global AB joins a consortium funded with €2.45mn by the European Interreg Atlantic Area programme to accelerate commercial implementation of wave energy technologies in Atlantic coastal regions.
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Minesto completes reorganization to optimize costs and prepare for commercial projects
Minesto has completed a reorganization that led to a 35% reduction in fixed costs and a focus on its future commercial projects. This reorganization includes geographical streamlining, a new management team, and a realignment of product development priorities.
Eco Wave Power obtains authorization to repurchase 10% of its ADS
Eco Wave Power shareholders approve renewed authorization to repurchase American Depositary Shares representing up to 10% of the company's total share capital, during the 2025 Annual General Meeting held in Stockholm, Sweden.
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Orazul Energy launches cash tender offer for its 2027 notes
Iraq in talks with ExxonMobil for refining capacities in Asia
Greek shipowners cut Russian crude links under new compliance rules
Envision Energy signs exclusive agreement for 4.5 GW wind project in Turkey
NatPower Marine and Wah Kwong launch electric port network across 30 Asian ports
Axpo launches hydraulic works at Beznau to strengthen its infrastructure until 2052
Axpo will start major works in May around its Beznau hydropower plant to meet the requirements of its new operating permit valid until 2052, including the creation of new ecological habitats.
Illwerke vkw launches key phase of Lünerseewerk II hydropower plant project
Austrian energy group illwerke vkw reaches a decisive milestone for building the country's largest pumped-storage plant, with construction starting in 2029.

An opponent of a hydroelectric power plant shot dead in Mexico

Marco Antonio Suástegui, opponent of a hydroelectric power plant project by the public company CFE, has died after being shot in Guerrero State, according to a local NGO.
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Eco Wave Power signs manufacturing agreement for its wave energy project in Los Angeles
Eco Wave Power announces the signing of a manufacturing agreement with All-Ways Metal to produce essential components for its first wave energy project in the United States, at the Port of Los Angeles.
EDF takes a stake in a major hydropower project in Madagascar
EDF will enter the capital of the Volobe hydropower project in Madagascar, an investment estimated at over 500 million euros. The construction of the dam in Tamatave is planned for commissioning in 2030.

Marine energy attracts €60 million in private investments in Europe

European marine energy reaches a major milestone with a 165 MW pipeline planned over five years, supported by €60 million in private investments, reflecting growing financial market interest in this expanding sector.
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Armed men set fire to Chinese Rucalhue hydropower construction site in Chile
An armed group set fire to 45 trucks and several pieces of equipment at a Chinese hydropower construction site in southern Chile, triggering diplomatic tensions with Beijing.
Norway, a Strategic Reservoir for the Stability of European Energy Markets
Norway’s hydropower pumped storage capacities, amounting to 83 TWh, are increasingly being leveraged to regulate renewable energy surpluses in Europe and stabilize electricity prices.

ENERGO-PRO acquires Baixo Iguaçu in Brazil for €250 mn and strengthens global presence

Czech company ENERGO-PRO becomes the largest Latin American investor with the acquisition of Brazil’s Baixo Iguaçu hydropower plant, marking a major milestone in its geographic diversification strategy.
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ANDRITZ wins contract to upgrade four BC Hydro hydropower generators
ANDRITZ Canada has secured a contract with BC Hydro to replace four 60 MV generators at the Bridge River 1 hydropower plant, increasing total capacity by 15% and stimulating regional economic growth through local employment.
Scatec finalises the sale of its African hydropower assets to TotalEnergies for USD 167 million
Scatec ASA has completed the sale of its 51% stake in an African hydropower partnership to TotalEnergies, a transaction valued at USD 167 million, as part of the company's portfolio reduction strategy.

Eco Wave Power begins infrastructure works for its wave energy project in Portugal

Eco Wave Power starts infrastructure improvement works for its wave energy generation project in Porto, aiming to install a 1 MW unit by 2026.
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Kyrgyzstan Relaunches Major Hydroelectric Project with Kazakhstan and Uzbekistan
Kyrgyzstan, Kazakhstan, and Uzbekistan team up to construct the Kambar-Ata-1 hydroelectric plant, a Soviet-era project revived to address energy and water shortages in Central Asia. The $3.5bn initiative requires international investment.
Arunachal Pradesh launches 35 hydropower projects to boost its energy infrastructure
Arunachal Pradesh announces the development of 35 hydropower projects, totaling 570.75 MW, with an estimated investment of ₹7,000 crores and the creation of 7,500 local jobs.

Philippines: The Renewable Energy Auction Exceeds Targets with 7,500 MW of Projects

The third phase of the renewable energy auction in the Philippines has generated strong interest, securing 7,500 MW of projects—far surpassing the initial 4,650 MW target. This momentum highlights the growing investor confidence in the Philippine energy market.
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BPCL launches a pilot wave energy project in India
Bharat Petroleum Corporation Limited (BPCL) has signed an agreement with Eco Wave Power Global AB to develop wave energy projects in India. The first phase includes the installation of a 100-kilowatt (kW) pilot project at Mumbai’s oil terminals.
Eco Wave Power partners with an Indian giant for a hydropower energy pilot project
Eco Wave Power announces a collaboration with a Fortune 500 company to launch its first hydropower energy pilot project in India. The agreement will be signed during India Energy Week 2025 in New Delhi, a key event in the Indian energy sector.

Cameroon: Launch of the Selection for the Kikot Hydroelectric Dam (500 MW)

Cameroon opens the initial selection for companies to participate in the construction of the 500 MW Kikot hydroelectric dam. The financing, estimated at over one billion euros, will involve the World Bank and other partners.
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Orkla sells its hydropower portfolio for NOK 6.1 billion
Norwegian group Orkla announces the sale of its hydropower portfolio through two separate transactions, valuing the assets at NOK 6.1 billion. A strategic decision aimed at streamlining operations and refocusing priorities.
Eastern Kazakhstan Invests in Five New Hydropower Plants by 2030
Eastern Kazakhstan plans to construct five hydropower plants with a total capacity of 74.3 MW, consolidating its position as a national leader in hydropower despite challenges related to land allocation.