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International News |
Rwanda: the 2.2 MW Rukarara 2 small hydropower project was completed |
The work project that has started in 2011 was funded by the Rwanda government, the Belgian Technical Cooperation and the European Union. It is fully automated and will provide power after transmission lines are completed, hopefully improv-ing the rural lives of the residents of Nyamagabe district.
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The Refurbishment Project in Micronesia was completed |
On June 16th 2014, the refurbishment of Micronesia's Nanpil Station was completed and connected to the grid. As the general contractor, ICSHP attended the whole construction. This project is one of the renewable energy development projects in Pohnpei state undertaken by the Secretariat of the Pacifi |
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Three Peruvian Hydroelectric Power Purchase Agreements Awarded to Rurelec |
Rurelec announced that its Cascade Hydro subsidiary has been awarded three new power purchase agreements (PPAs) in Peru totaling 30-MW under the Subasta RER Peruvian Government competitive tendering process.
This was the largest award for which Cascade submitted offers under the Subasta RER proce |
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Statkraft to Invest ~US$1.95 billion to Upgrade Norwegian Hydropower Plants |
Statkraft, the largest renewable energy company in Europe is facing a period of major renovation as the life span of existing Norwegian plants comes to a technical end. As part of these renovations Statkraft are reinvesting NOK12 billion (US$1.95 billion) in upgrading hydro power plants throughout t |
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RusHydro Enters Five-Year Loan Agreement with Sberbank |
JSC RusHydro has just signed a 5-year loan agreement with Sberbank of Russia, in the amount of ~RUB15.336 billion (~US$466.2 million). This amount totals 1.88% of the company’s asset value and qualified as an interested-party transaction.
The facility will be used to finance the current operating |
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