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Although the 2009 American Recovery and Reinvestment Act (ARRA) provides significant economic incentives for investing in renewable energy projects, GAAP earnings patterns may negatively impact investors should they choose to ignore liquidation provisions in tax equity partnership structures. We are proposing that investors negotiate Partnership Earnings Protection (PEP) to address potential issues with GAAP earnings patterns.
Development in Den of Airlie will move forward now that the Scottish Environmental Protection Agency (SPEA) is satisfied with the results of a four-year-long environmental impact study submitted by Airlie Castle property owners. Formerly a nature reserve, but now an area of special scientific interest, the area’s study indicates a small hydroelectric project would have needed economic benefits to the community and have no major adverse negative impacts to the environment.
2002-03-13 [SolarAccess.com] Japan has agreed to finance a 150 MW hydro-electricity project that had been held up for 10 years due to protests from environmentalists on the Upper Kotmale project in central Sri Lanka. The six dam project, which environmentalists argued would ruin waterfalls and harm picturesque mountainous regions, will begin by early June.
The story of the 100-mw Tysso I plant – built in 1908 – illustrates a century of hydro’s contributions to industrialization, technological advancement, and environmental awareness in northern Europe.
SPS Energy Solutions worked with CSI911 in New Mexico to install Modular Autonomous Photovoltaic Power Supply (MAPPS) systems near the Havasupai Indian Reservation of the Grand Canyon. This very remote area, surrounded by two waterfalls, is a common hiking and camping spot for hundreds of outdoor enthusiasts every year. Previously, the only available telephone communication was two miles away at the Indian Reservation making it difficult to report emergency situations.
Canadian mining company Dia Bras Exploration Inc. has completed the sale of its hydroelectric assets to Volcan Compania Minera S.A.A. via its Peruvian subsidiary Sociedad Minera Corona S.A.
CTG Continues Activity in Brazil’s Hydropower Market and Plans for More Development in South America
Wang Shaofeng, executive vice-president of China Three Gorges International Corp., a Beijing-based subsidiary of China Three Gorges Corp., reports the company will bid to build and operate the planned 8,000-MW Tapajos hydroelectric facility on the Tapajos River in Brazil.
Iberdrola, through its Brazilian affiliate Neoenergia, has opened the 350-MW Baixo Iguacu hydroelectric power plant, with an investment of more than €500 million (US$559.5 million).
The Dubai Electricity and Water Authority (DEWA) on Dec. 20 said that it will build the Gulf Cooperating Council region’s first hydroelectric power station — a 250-MW pumped storage hydro plant that will be powered by solar PV.
The Austrian government has invited the country‚s main electricity producers to a forum next week to urge them to merge their hydro power activities.