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TODAY'S TOP FREE HEADLINES Friday, May 09, 2008
NORTH AMERICA STORIES
Business News
PPL invests $4.7 million to recommission Maine's 3-MW Orono
— PPL Corp. announced April 30 it intends to spend $4.7 million to renovate and recommission the 2.323-MW Orono hydroelectric project on Maine's Penobscot River, increasing capacity to 3 MW.
LATIN AMERICA STORIES
Government News
Brazil, Argentina agree to seasonal hydropower exchange
— Ministers of Brazil and Argentina agreed May 2 to a seasonal exchange of electricity, primarily hydropower and some thermal power, of between 800 and 1,500 MW.
EUROPE STORIES
Government News
EU approves Electrabel purchase of French hydro utility
— The European Commission has granted permission for Belgian utility Electrabel to purchase exclusive control of French hydropower producer Compagnie Nationale du Rhone.
ASIA/MIDDLE EAST/OCEANIA STORIES
Business News
Hindustan to build India’s 500-MW Teesta 6
— Developer Lanco Infra Tech Ltd. has awarded a contract to Hindustan Construction Co. Ltd. for civil construction of the 500-MW Teesta Stage 6 hydroelectric project on the Teesta River in India’s Sikkim State.
AFRICA STORIES
Business News
UPDATE - European bank weighs funding for DR Congo’s Inga rehab
— The European Investment Bank is considering providing 110 million euros (US$175 million) to the Democratic Republic of Congo for rehabilitation of the Inga hydroelectric complex.