The agreement to build the Hasdev Bango Pumped Storage Project (PSP), reported by The Economic Times, saw the company’s share price jump 4% in the early hours of today (April 4). Chhattisgarh is a landlocked state in central east India.
According to a new report published by Allied Market Research, titled, “Hydroelectricity Market – Global Opportunity Analysis and Industry Forecast, 2022-2029.” The report has depicts the current key trends, market analysis, competitors’ strategy, and impending market & technology forecast. Moreover, the study also embodies the revenue size, market extent, and growth prospects of the global market in terms of value and major trends at regional level.
Environmentalists long ago declared war on dams, claiming that they harm fish and contribute to so-called climate change. But according to a report on the oil price dot com website, dams also store water, prevent floods, and provide renewable energy that is even cheaper than solar.
The International Hydropower Association (IHA) is spearheading a new campaign calling for urgent investment in hydropower to combat climate change, accelerate progress towards net zero and strengthen energy security.
GE Hydro Solutions has signed a service contract with Hydro Exploitation on behalf of the owner Electra-Massa to refurbish two 120 MVA vertical synchronous generators at the 340MW Bitsch hydro plant station in Wallis, Switzerland.
The technology generates energy by passing water through a turbine as it moves from a higher reservoir to a lower one. It accounts for most utility-scale energy storage in the U.S., but hasn’t been used much in Indiana — which has fewer of the hills and valleys needed to create the two reservoirs.
Senate Bill 147 would add underground pumped storage hydropower to Indiana’s list of clean energy resources. It passed the state House on Monday.
The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1,200 gigawatts (GW) for the first time and investments climb to $36.3 billion, Rystad Energy research shows.