International Water Power & Dam Construction weekly newsletter 20/12/2023
International Water Power & Dam Construction
IWP&DC provides technical insight behind the news headlines for the global dam construction and hydropower industry
Snowy 2.0 resumes tunnelling at Tantangara after government approval
Tunnelling has resumed at the Snowy 2.0 project’s Tantangara site following the approval of a planning modification by the New South Wales (NSW) government. The project faced a temporary halt due to soft ground conditions and the emergence of a sinkhole above the tunnel boring machine (TBM) Florence.
COP28 Agreement marks historic shift as nations pledge to triple renewable energy by 2030
At COP28 in Dubai, world leaders have committed to tripling renewable energy capacity by 2030, signaling a decisive end to the era of fossil fuels. The agreement, a culmination of global efforts, signifies a paradigm shift towards a clean, secure, and just energy future.
Mozambique signs agreements for Mphanda Nkuwa hydropower project implementation
The Government of Mozambique, represented by the Ministry of Mineral Resources and Energy (MIREME), has officially inked two partnership agreements with its Strategic Partner for the implementation of the Mphanda Nkuwa Hydropower Project.?The Strategic Partner, a consortium led by EDF, comprising TotalEnergies and Sumitomo Corporation, will spearhead the development, construction, and operation of the project. This ambitious venture comes with an estimated investment of $5 billion.
Digital Realty and Süwag Energie AG ink hydropower deal in Germany
Digital Realty has signed a renewable energy deal with Süwag Energie AG. The agreement, which secures Guarantees of Origin (GoOs) for 6000MWh of hydropower, aims to power Digital Realty's operations throughout 2024.
New Programme Management Unit takes helm to steer Lesotho Highlands Water Project Phase II to completion
The Lesotho Highlands Development Authority (LHDA) has officially appointed the Pula Nala Joint Venture as the Program Management Unit (PMU) entrusted with overseeing the final phase of the Lesotho Highlands Water Project (LHWP) Phase II construction:
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Suomen Voima Launches new pumped storage project in Finland
Suomen Voima Oy has announced details of a new energy storage venture named 'Noste' in the Kemij?rvi region of Finland. The ambitious project involves the construction of 1-3 small-scale pumped-storage hydropower plants.
African Development Bank's SEFA allocates $9.72 million to advance modernization of African hydropower fleet
The African Development Bank Group-managed Sustainable Energy Fund for Africa (SEFA) has granted $9.72 million to propel the Africa Hydropower Modernisation Programme (AHMP). This initiative, serving as a comprehensive platform, aims to revamp hydropower systems across the continent, augmenting their reliability and adaptability.
Ardian acquires hydropower company in Peru
Ardian has successfully acquired a 100% stake in a Peruvian hydropower company, marking a significant expansion of its clean energy portfolio in Latin America and its first investment in hydropower.
Helping small hydro make a bigger impact
The World Small Hydropower Development Report has been described as the most comprehensive report which has gone above and beyond in its latest edition. In this collaboration between the United Nations Industrial Development Organisation and the International Centre on Small Hydro Power, small hydro’s status and future potential are assessed, while the impacts of climate change and a thought-provoking look at how small hydro can help to close the gender gap, are also highlighted.