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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.

Japan certifies 1.1MW tidal turbine connected to national grid

Proteus Marine Renewables' AR1100 tidal turbine, with a capacity of 1.1MW, obtains official Japanese certification and starts supplying electricity to the national grid after meeting stringent safety and reliability standards.
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Minesto receives €2.1mn for tidal-powered microgrid project in Faroe Islands
Swedish company Minesto will lead a consortium awarded €2.1 million funding to install an autonomous tidal-powered microgrid in the Faroe Islands aimed at off-grid communities.
Eco Wave Power inaugurates its first American project at the Port of Los Angeles
Eco Wave Power Global AB will officially launch the first U.S. pilot wave energy project at the Port of Los Angeles on September 9, in partnership with AltaSea, an organization specializing in innovative maritime solutions.

Burundi Inaugurates Major $320 Million Hydroelectric Power Plant

The Burundian government officially launches the first phase of the Jiji-Mulembwe hydroelectric complex, a strategic 49.5 MW capacity project aimed at enhancing national energy supply through substantial international financing.
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Agilitas Energy acquires two hydroelectric projects totalling 44 MW in the United States
Agilitas Energy purchases two advanced-stage hydroelectric projects in West Virginia and Maryland, marking its entry into hydropower to bolster its capacity on the U.S. power grid.
Russia Forecasts Drop in Electricity Exports to China
The Russian company InterRAO anticipates a 4% annual reduction in electricity exports, primarily impacted by a significant decrease in shipments to China due to limited hydroelectric production and rising domestic demand.

Global Hydropower Plants Market to Reach USD 318 Billion by 2032

The global hydropower plants market is projected to reach USD 318.3 billion by 2032, driven by growing demand for renewable energy, increased adoption of micro-hydropower plants, and heightened government support, according to a recent report.
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Port-au-Prince plunged into darkness after forced shutdown of hydroelectric plant
Port-au-Prince is without electricity after residents of Mirebalais forcibly shut down a hydroelectric plant protesting government inaction amid escalating gang-related violence.
Globeleq acquires 51% of Lunsemfwa Hydro Power in Zambia from Norfund
Globeleq acquires a majority stake in Lunsemfwa Hydro Power Company, marking its entry into the Zambian energy market with two hydropower plants and a solar project.

Asian Bank Funds Kyrgyz Energy Upgrade and Targets Kambarata-1 Project

The Asian Development Bank provides nearly a million dollars for improving Kyrgyzstan's energy system and considers an additional $150 million for the strategic Kambarata-1 hydroelectric dam.
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Ukraine plans post-war reconstruction of strategic Kakhovka hydroelectric dam
Ukraine’s national operator Ukrhydroenergo announces an ambitious two-phase reconstruction plan to swiftly restore the Kakhovka hydroelectric dam, destroyed during the conflict, at an estimated cost of up to one billion dollars.
Minesto boosts Dragon 12 tidal turbine performance by 25%
Swedish energy developer Minesto confirmed a 25% increase in output from its Dragon 12 tidal system, marking a key step towards commercial deployment in the Faroe Islands.
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The new Tanawon geothermal site adds 22 MW to the Philippine energy grid
Cox makes $4.7 billion offer for Iberdrola’s Mexican assets
New Zealand allows offshore gas and oil exploration again after six-year ban
Santos commits up to 20 PJ of natural gas for ENGIE with Narrabri
Mergence invests $3.3mn to support Solarise Africa’s solar growth
United States: USD 430 million to modernize 293 hydroelectric facilities
The Department of Energy (DOE) is funding the modernization of 293 hydroelectric facilities in 33 US states, with the aim of enhancing infrastructure safety and grid resilience.
Grand Coulee Dam, USA
DORE invests GBP 5 million in three hydroelectric power plants in Sweden
Downing Renewables & Infrastructure Trust plc (DORE) acquires three hydroelectric power stations in Sweden, reinforcing its strategy of expanding and optimizing its portfolio of energy assets with a £5 million investment.
Barrage en Suède

France: French government cancels Rhônergia dam project on the Rhône river

The French government cancels the "Rhônergia" hydroelectric project between Saint-Romain-de-Jalionas and Loyettes, promoted by Compagnie Nationale du Rhône (CNR), in response to concerns expressed by local and regional elected representatives. Discussions on new energy strategies are now envisaged.
Design sans titre-7
Paraguay: Cheap hydroelectricity boosts cryptocurrency
Paraguay, with its low-cost hydroelectricity, has become a center for cryptomining, attracting investment while fighting illegal drifts and corruption in its energy sector.
Eco Wave Power strengthens its position with projects in the United States and Israel
Eco Wave Power reports solid half-year results and makes progress on its marine energy projects in Israel and the United States, while receiving the EDF Pulse Award for its innovations in energy systems.

Ethiopia exacerbates regional tensions with GERD

Ethiopia completed the filling of the Grand Barrage de la Renaissance (GERD) reservoir, increasing electricity production to 1,550 MW. This progress, achieved despite objections from Egypt and Sudan, aggravates geopolitical tensions over control of the Nile's water resources.
Tensions-hydriques-GERD-Nil
Tajikistan: ADB grants $21m for Golovnaya hydroelectric plant
The Asian Development Bank (ADB) approves a $21 million grant to upgrade the Golovnaya hydropower plant in Tajikistan, strengthening regional energy security.
Romania rejects the Iron Gates 3 project: “No concessions will be made”.
Romania's Minister of Energy, Sebastian Burduja, asserts that no concessions will be made regarding power generation at the Iron Gates 1 and 2 hydroelectric plants.
Iron Gates 2

Eco Wave Power launches Porto’s first industrial wave energy project

Eco Wave Power inaugurates its first wave energy project in Porto, Portugal, marking a milestone for renewable energies with the forthcoming opening of an underwater museum dedicated to this technology.
Projet énergie houlomotrice Porto
Kazakhstan and ADB sign agreement for hydropower development
Kazakhstan and the Asian Development Bank (ADB) sign a strategic agreement to develop hydropower projects, targeting a total capacity of 600 MW. This agreement will mobilize private investment to transform Kazakhstan's energy sector.
TotalEnergies acquires hydroelectric projects in Africa
TotalEnergies signs an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of **SN Power**, including interests in hydroelectric projects in Africa. This strategic transaction is designed to support the continent's energy transition.
centrale hydroélectrique de Bujagali, Ouganda

Eco Wave Power wins EDF Pulse award for its wave energy technology

Eco Wave Power, headed by Inna Braverman, wins the EDF Pulse 2024 award for its innovative wave energy technology, marking a significant advance in decentralized energy systems.
Innovation énergie des vagues
Upstream Dams on the Mekong: An Energy and Environmental Challenge
Hydraulic dams up the Mekong exacerbate water and environmental crises in Vietnam's delta, highlighting cross-border energy issues.
Barrage hydroélectrique débit Mekong
First Hydrokinetic Network Scale Converter Deployed in the U.S.
Ocean Energy USA LLC installs a grid-scale hydrokinetic converter at the US Navy test site in Hawaii, marking a major breakthrough in marine energy technologies.
OE-35 présenté avec le drapeau américains et irlandais

Marine turbines: an energy revolution underway in France

France's wind energy industry is ready to launch Europe's most powerful wind farm, located in Normandy. This pioneering project, supported by the French government, marks a turning point towards greater exploitation of ocean currents to meet growing energy needs.
Hydrolien énergie marine France
India invests $1 billion in dams in Arunachal Pradesh
India will spend $1 billion to build 12 hydroelectric power stations in Arunachal Pradesh, a region claimed by China, raising geopolitical tensions.
POWERCHINA and Côte d’Ivoire commission Gribo-Popoli power plant
Commissioning of the Gribo-Popoli hydroelectric plant strengthens Sino-Ivorian cooperation in the energy sector
Hydroélectricité Côte d'Ivoire POWERCHINA

Strategic relaunch of the Vidraru hydroelectric site in Romania

The Vidraru hydroelectric power plant in Romania will undergo a major upgrade thanks to a €188 million investment led by KONČAR and Elektromontaj S.A.
Modernisation hydroélectrique Roumanie
Global hydropower rebounds from historic decline
Global hydropower is set to rise sharply in 2024, after a five-year decline, reducing the use of fossil fuels. The main producing regions, such as China, Brazil and the United States, recorded significant increases.
L'hydroélectricité mondiale rebondit après une baisse historique.
Ørsted and Wavepiston announce offshore energy collaboration
Ørsted and Wavepiston collaborate to optimize offshore energy production in Denmark through the co-location of wind and waves.
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