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 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%.
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.
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 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 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.
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 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.
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.
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 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.
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.
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.
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.
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.
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 a majority stake in Lunsemfwa Hydro Power Company, marking its entry into the Zambian energy market with two hydropower plants and a solar 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.
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.
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.
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.
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.
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.
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 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 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.
The Asian Development Bank (ADB) approves a $21 million grant to upgrade the Golovnaya hydropower plant in Tajikistan, strengthening regional energy security.
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.
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.
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 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.
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.
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.
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.
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.
