Members News
Estonia's First Pumped Hydro Energy Storage Facility Has Issued an Invitation to Tender
Energiasalv has published an invitation to tender on the international platform, Mercell. The tender is for constructing and designing a 500-megawatt underground pumped hydro energy storage plant in Paldiski.
READ MOREEnergy Vault Expands Global Footprint for Gravity Energy Storage with 10 Year License and Royalty Agreement Covering Southern Africa
Energy Vault expands global footprint for Gravity Energy Storage with 10 year license and royalty agreement covering Southern Africa. The agreement includes multi-year license revenues and additional royalty revenue streams tied to project developments in South Africa and the broader 16 member-state SADC region.
READ MOREVoith Hydro expands Board of Management
Voith Hydro expands Board of Management. As of March 1, 2024, Andreas Wellmann will join the Board of Management of Voith Hydro with responsibility for the Projects business.
READ MOREEnergiasalv Secures EUR 11 Million Additional Funding for Zero Terrain PHS Project in Paldiski, Estonia
Energiasalv has acquired another EUR 11 million in additional financing for its EU Project of Common Interest (PCI project), the "Zero Terrain Paldiski" Pumped Hydro Energy Storage (PHS) plant in Estonia. The funding includes strategic investments from Alexela, Sunly, Combiwood Group, Warmeston, and Kiikri Kodu, further strengthening the project's financial position.
READ MOREVoith Hydro wins order to expand Kruonis pumped storage plant in Lithuania
Voith Hydro and STRUCINSPECT advance monitoring of hydropower civil structures
Voith Hydro and STRUCINSPECT advance monitoring of hydropower civil structures, embodying a strong partnership between an experienced equipment supplier and a successful corporate start-up from Austria. Digital inspections lead to state-of-the-art digital infrastructure and lifecycle management, with the first hydropower facility monitoring currently underway in Scotland.
READ MOREVoith Hydro opens new center of competence for generator components
Voith Hydro opens a new centre of competence for generator components located in central Europe, whose portfolio covers bars, coils, and poles for hydropower generators. The state-of-the art facility supplies Voith Hydro’s African and European markets as well as the Americas. Local officials and company representatives inaugurated the new generator component hub at the end of last year.
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