China’s massive hydropower project is expected to unleash a wave of fresh fundraising and bolster a green debt market that’s increasingly being driven by Asia’s top economy as the US and Europe face a slowdown. https://t.co/xZHPgpiUU4 ...

M Update Eva Hou Equity Analyst Eva.Hou@morganstanley.com +852 2848-6964 Evan Chen Research Associate Evan.Chen@morganstanley.com +852 2848-7317 Estelle Wang Research Associate Estelle.Wang@morganstanley.com +852 3963-4117 Albert Li Equity Analyst Albert.Li@morganstanley.com +852 3963-3610 China Utilities Asia Pacific Industry View Attractive Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflic ...

Google inks $3B deal to buy hydropower from Brookfield | TechCrunch https://t.co/9b2GBjGvl4 ...

Statkraft is applying for a licence to build a new Aura power plant in Sunndal, Norway, with a 6 billion NOK budget. If built, the new facility will deliver 2.5 times the current maximum capacity, contributing to a more stable power supply. Statkraft is planning its largest hydropower investments in decades to develop the next generation of hydropower plants, and Aura is one of the largest projects under consideration. Two weeks ago, Statkraft applied for a licence to upgrade the Nore I and Nore II power p ...

Core Viewpoint - The report from CICC suggests that A-shares are likely to experience a "good start" after the holiday due to marginal improvement in the performance of listed companies in the first quarter and positive external factors during the A-share market closure [1] Group 1: Market Performance - A-share companies showed marginal performance improvement in Q1 [1] - Positive external market conditions, including better performance of Hong Kong and US stocks during the A-share market closure, are expected to influence A-shares positively [1] Group 2: Investment Recommendations - Focus on sectors with recovering demand and low tariff impact, such as AI development, cloud computing, and robotics [1] - Consider export sectors with low exposure to the US, including engineering machinery, power grid equipment, and commercial vehicles [1] - Highlight high cash flow and low external demand correlation sectors, such as hydropower, telecommunications, and leading companies in the food and beverage industry [1]

Core Viewpoint - Statkraft is applying for a license to upgrade the Nore hydropower plants with a budget of 4 billion NOK to enhance electricity production and stabilize prices in Norway [1][2]. Company Overview - Statkraft is a leading international hydropower company and Europe's largest generator of renewable energy, with operations in over 20 countries and around 7,000 employees [14]. Project Details - The Nore hydropower plants consist of Nore I, operational since 1928 with a capacity of 212 MW and annual production of 1150 GWh, and Nore II, operational since 1946 with a capacity of 60 MW and over 300 GWh annual production [10]. - The upgrade aims to nearly double the capacity from 274 MW to 500 MW and increase annual production from approximately 200 GWh to about 1700 GWh under the preferred alternative [6]. - An alternative plan would increase the combined capacity by 65 MW and production by around 150 GWh [6]. Future Plans - Statkraft plans to build a next-generation hydropower system and initiate five major upgrades by 2030, with the Nore plants upgrade being a significant step [2][8]. - The company aims to increase its installed capacity in Norway by over 20 percent, providing an additional 1500 to 2500 MW of capacity through various upgrades [8]. Environmental and Economic Considerations - Upgrading existing hydropower plants is seen as a way to enhance capacity and energy production while considering environmental impacts [3][9]. - The company acknowledges that such upgrades require substantial investments and are often only marginally profitable, necessitating careful assessment of various factors [9]. Licensing Process - The license application will be processed by the Norwegian Water Resources and Energy Directorate (NVE), followed by a hearing process, with the Ministry of Energy making the final decision [13].

PRESS RELEASE Luxembourg, 29th April 2025 VELCAN HOLDINGS: ANNUAL RESULTS 2024 STRONG FINANCIAL RESULTS, STABLE TURNOVER OF THE RODEIO BONITO PLANT, NON-AUDITED KEY CONSOLIDATED FIGURES2024 2023 Var %Revenues (EUR m)3.02.9+2%EBITDA (EUR m)-5.61.8NA%Net Income (EUR m)11.2<td style="width:7.26%; ...