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Tag: $1.2

Rio Tinto Investing $1.2 Billion to Modernize Quebec Hydropower Plant

May 17, 2025
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| Industry News

Global mining giant Rio Tinto said it will invest $ 1.2 billion to modernize a hydroelectric power plant in Quebec, Canada. The company on May 15 said the project is part of its bid to secure future aluminum production in the Canadian province. The money will pay for upgrades to the Isle-Maligne hydropower plant, which was commissioned in 1926 in Alma, Quebec.

The post Rio Tinto Investing $ 1.2 Billion to Modernize Quebec Hydropower Plant appeared first on POWER Magazine.

Isle-Maligne hydropwer - Stantec

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Energy Vid Week 1 Nov 2022: Reuters Survey Sees Auto OEMs With $1.2 Trillion in EV Investments by 2030

November 1, 2022
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| Energy Jobs

1) Avangrid files a motion in MA for one month suspension of offshore Commonwealth Wind PPA, citing, "economic challenges… historic price increases, sharp and sudden increases in interest rates,” and requests, "modest changes", to associated PPA.  2) Siemens Gamesa releases a wind turbine on its 5.X platform w/rated output of 7 MW, for medium to high wind..
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