Minerco Resources (MINE) has proclaimed that it has signed a Definitive Agreement for acquiring the 4 MW Iscan Hydroelectric Project located in the Guata Municipality in Honduras in the Department of Olancho from a company called Energetica de Occidente S.A. de C.V. (Enercosa).
Kolin Construction, a Turkish company, has been awarded a $150 million hydropower project by the Government of Georgia.
Isagen, Colombia’s State Generator, has secured US$53 million or 101 billion pesos finance for constructing the 820MW Sogamoso hydro project.
Verdant Power, a New York-based marine renewable energy company, announced that it has filed a license application with the Federal Energy Regulatory Commission for turbine installation in East River, New York.
The hydro plant, partly owned by CPFL Energia, has been authorized for test operations. The Foz do Chapeco hydro power project has a total capacity of 855 MW. The project has been authorized by the Brazilian utility sector regulator, Aneel.
The Regional Development Council 10 recently granted permission to begin work on a six MW hydroelectric power plant, named the Limbatangon Hydroelectric Power Project, situated in the Philippine city of Cagayan De Oro.
The Central Electric Power Cooperative has chosen 10 households in Florence and given them solar water heaters via a pilot program on the basis of a grant given by the South Carolina Energy Office.
Porterdale’s hydroelectric plant is expected to recommence power supply by February 2011. The turbines and generators have been refurbished, and new transformers have been installed with $1 million having been spent so far.
Cavico, a Vietnam-based infrastructure developing and investing company, declared that its auxiliary, Cavico Bridge and Tunnel, has contracted a deal with Electricity of Vietnam (EVN), a government owned electric utility company, to construct Song Bung 2 Hydropower project.
SNC-Lavalin Group, a Montreal-based engineering company, has signed a letter-of-intent with Nalcor Energy (the Newfoundland and Labrador crown corporation) to build a power generating station for the proposed 824 MW Muskrat Falls hydro power development over the Lower Churchill River located in Labrador.
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