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Hydropower Turbine Market to hit $2 billion by 2025

altenergymag

On a global level, construction of hydropower dams is anticipated to reach unparalleled rates in the coming years, specially in countries with developing economies. The above-mentioned factors are likely to drive the demand for hydropower turbine in the coming years.

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Major 2-GW Hydropower Station in Angola Now Fully Online

POWER Magazine

Officials in Angola announced that the LaĂșca hydroelectric power station is now fully operational, with Austrian company Andritz wrapping construction of the final 70-MW environmental flow power station at the […] The post Major 2-GW Hydropower Station in Angola Now Fully Online appeared first on POWER Magazine.

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US EIA expects solar to account for 5.6% of US energy mix by 2024, increasing to 7% by 2025

PV Tech

The US Energy Information Administration (EIA) expects the contribution of solar power to the US’ energy mix to exceed that of hydropower.

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Brookfield Renewable, Plug Power partner on hydropower-fueled hydrogen plant

Renewable Energy World

As one of the first industrial-scale green hydrogen facilities in North America, the plant represents a significant milestone in Plug Power’s plan to establish the first North American green hydrogen network and to produce over 500 tons per day of hydrogen by 2025.

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BASF inks land purchase agreement for battery site in Canada

Charged

According to BASF, the site will “rely on competitive hydropower to further reduce the carbon footprint of its products compared to the industry average.”. BASF says, subject to necessary approvals, project commissioning is expected to begin in 2025. The site is positioned beside the Saint Lawrence River in BĂ©cancour. Source: BASF.

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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

Renewables will become the largest source of electricity generation in 2025. The cost of new wind and solar generation, on a levelized cost of energy basis, is now lower than that of new thermal and hydropower generation, and increasingly below the operating cost of existing thermal plants.

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ReNew Power acquires 359 MWs of hydro, solar projects in India

Renewable Energy World

ReNew will acquire L&T Uttaranchal Hydropower Ltd., This acquisition marks ReNew’s entry into the hydropower sector. Furthermore, the hydropower acquisition strengthens our ability to provide reliable and dispatchable power to the grid which complements our solar and wind assets.