Pacific Hydro

Pacific Hydro is a Chinese-owned renewable energy company headquartered in Melbourne, Australia. The company was founded in 1992 and was soon floated on the Australian Stock Exchange, it was later bought by a consortium of industry superannuation funds and delisted. It is now owned by China's State Power Investment Corporation.[2]

Pacific Hydro
IndustryElectricity
Founded1992
Headquarters,
Area served
Australia
Brazil
Chile
Key people
Michael Fuge(CEO)[1]
ProductsElectric power from renewable sources
ParentState Power Investment Corporation
SubsidiariesPacific Hydro Australia
Pacific Hydro Brazil (former SES Soluções de Energias Sustentáveis)
Pacific Hydro Chile
Websitewww.pacifichydro.com

The company builds and operates renewable energy projects, initially hydro electricity on irrigation dams, before opening its first wind farm in 2010.[3] Pacific Hydro develops hydro, wind, solar and geothermal power projects. In addition to Australia, the company operates also in Brazil and Chile.

The company is also active in the carbon market in the production and trading of carbon credits from its run-of-river hydro projects registered under the Clean Development Mechanism of the Kyoto Protocol.

On 30 November 2006, Pacific Hydro acquired wind farms developer SES Soluções de Energias Sustentáveis and renamed it Pacific Hydro Brazil.[4]

In 2012 Pacific Hydro Retail started operating in the Victorian market[5]. It services the Commercial and Industrial, Small Business and Residential customer segments. Pacific Hydro retail was re-branded Tango Energy in 2016.

Power stations

Power stations owned and operated by Pacific Hydro include:

Wind

Water

See also

References

  1. "Our Management". pacifichydro.com. Retrieved 17 February 2014.
  2. "China State Power Investment snaps up Pacific Hydro". smh.com.au. 16 December 2015. Retrieved 9 January 2016.
  3. "Pacific Hydro welcomes Keyneton wind farm approval". businessspectator.com.au. 9 December 2013. Retrieved 17 February 2014.
  4. "RRES renergys Group sells SES Soluções de Energias Sustentáveis". Windfair. 13 December 2006. Retrieved 3 January 2012.
  5. "About Us | Tango". www.tangoenergy.com. Retrieved 15 July 2019.
  6. "Victorian hydro plants". Projects: Operations. Pacific Hydro. 2011. Retrieved 11 July 2014.

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