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India intends to more than double its renewable power capacity to almost 53 GW by 2017.
Hydropower holds the key to energy integration between South American countries, according to Brazil’s energy minister Altino Ventura Filho .
RusHydro in partnership with Alstom has started the construction of a $159m hydro power equipment manufacturing plant in the Russian Republic of Bashkortostan.
Reservoir Capital, has received approval for the construction of the Brodarevo 1 and 2 hydroelectric projects and related infrastructure on the River Lim in Serbia.
Alstom (Euronext: ALO) has won a $35m contract to supply all electrical equipment and environmental unit to a new Turkish 600 MW hydroelectric power plant.
Qatalum has awarded ABB an order worth $16m to upgrade the power distribution network at its aluminum smelting site in Mesaieed Industrial City, 50 km south of the capital Doha.
ABB, the leading power and automation technology group, has received orders worth around $20m from two power utilities managed by Axpo, a leading Swiss power utility, to refurbish the generators at two of its hydroelectric power plants.
The Nordic Investment Bank (NIB) has signed an agreement to provide a loan of $52m to Norwegian energy company E-CO Energi to finance the development of its three hydropower projects.
Vattenfall is planning to invest $1.9bn to modernise and increase production at its hydro power plants until 2023.
Vattenfall AB is to commit €1.46bn ($1.9bn) into modernising its hydropower plants over the next ten years.
