International Water Power & Dam Construction weekly newsletter
The Svean hydropower plant. Image courtesy Statkraft

International Water Power & Dam Construction weekly newsletter


Statkraft and Suomen Voima sign 15-Year PPA in Sweden

Statkraft and Suomen Voima have finalized a 15-year power purchase agreement (PPA), starting in January 2025. The deal involves an annual volume of approximately 100 GWh of electricity, sourced from Statkraft’s Bjurfors Nedre hydropower plant and Bj?rkh?jden wind farm. Both facilities are located in Sweden’s SE2 bidding area, marking Suomen Voima’s first PPA in the country.

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Skanska to build new hydroelectric power plant in Norway

Skanska has secured a NOK 507 million contract with Statkraft to construct the new Svean power plant in Kl?bu, Tr?ndelag County, Norway. The agreement is part of Skanska’s order bookings for the Nordic region in the first quarter of 2025.

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Aurecon names Gabe Carter as new Asia Chief Executive

Aurecon, a global design, engineering, and advisory firm, has announced Gabe Carter as its new Chief Executive for Asia, effective 1 March 2025. Carter will join the company’s Group Executive Leadership Team and relocate from Thailand to Singapore. He will oversee the operations of 2,100 employees across nine locations in the region.

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Aker Solutions wins contract on new Svean hydropower plant

Aker Solutions has been awarded a contract by Statkraft to supply electromechanical equipment for the new Svean hydropower plant near Trondheim, Norway. The project aims to modernize the facility and improve energy efficiency.

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Eco Wave Power advances wave energy project in Porto, Portugal

Eco Wave Power Global AB, a company specializing in onshore wave energy technology, has engaged Portuguese engineering firm MOQ Engineering to complete the final design and load calculations for its wave energy project in Porto, Portugal. The project aims to launch in 2026 and is part of a 20MW Concession Agreement with Administra??o dos Portos do Douro, Leix?es e Viana do Castelo, S.A. (APDL).

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Ukrhydroenergo and EBRD extend cooperation into 2025

Ukrhydroenergo and the European Bank for Reconstruction and Development (EBRD) will continue their collaboration in 2025, following significant progress in their joint efforts in 2024. The EBRD reported record investments of €2.4 billion for Ukraine last year, which included a €200 million financing package for Ukrhydroenergo. This package comprises a €100 million loan from the EBRD and a €100 million concessional loan from the Italian government, aimed at addressing the impact of ongoing shelling and attacks on Ukraine’s energy infrastructure.

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DOE awards $15 billion to PG&E for hydropower and clean energy upgrades

The US Department of Energy (DOE) announced the approval of a $15 billion loan guarantee to Pacific Gas & Electric Company (PG&E) to fund clean energy initiatives, including hydropower generation, battery energy storage, and transmission upgrades. The announcement came just before Donald Trump resumes the presidency.

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BHA’s Kate Gilmartin appointed to Great British Energy start-up board

Great British Energy has appointed five non-executive directors to its start-up board, marking a significant step in the government’s efforts to make the UK a clean energy superpower. Among the appointees is Kate Gilmartin, CEO of the British Hydropower Association, who brings extensive expertise in renewable energy and low-carbon project development.

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12 hydropower developers selected for US testing network

The US Department of Energy’s Water Power Technologies Office (WPTO) has named 12 hydropower technology developers to receive support through the Hydropower Testing Network (HyTN). These developers will utilise HyTN’s 18 specialised facilities to test and advance their hydropower technologies.

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Aurora Water to generate renewable energy from drinking water system

Aurora Water, Colorado’s second-largest water provider, will install an in-conduit hydroelectric system to generate renewable energy from its drinking water system. The project, using InPipe Energy’s HydroXS technology, aligns with the city’s sustainability goals and aims to reduce energy costs and carbon emissions.

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To feature a story on next week's newsletter – contact International Water Power & Dam Construction or Carrieann Stocks directly.

#hydropower #hydroelectric #waterpower #dams #pumpedstorage

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