Pacific Hydro is a
renewable energy company headquartered in
Melbourne
Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...
,
Australia. The company was founded in 1992 and was soon floated on the
Australian Stock Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
, it was later bought by a consortium of industry superannuation funds and delisted. It is now owned by China's
State Power Investment Corporation
State Power Investment Corporation Limited (abbreviation SPIC) is one of the five major electricity generation companies in China. It was the successor of China Power Investment Corporation after it was merged with the State Nuclear Power Tec ...
.
The company builds and operates renewable energy projects, initially hydro electricity on irrigation dams, before opening its first wind farm in 2010. Pacific Hydro develops
hydro
Hydro from Ancient Greek word ὕδωρ (húdōr), meaning ''water''.
Hydro may also refer to:
Energy technologies
* Water-derived power or energy:
** Hydropower, derived from water
** Hydroelectricity, in electrical form
* "Hydro", AC mains ...
,
wind
Wind is the natural movement of air or other gases relative to a planet's surface. Winds occur on a range of scales, from thunderstorm flows lasting tens of minutes, to local breezes generated by heating of land surfaces and lasting a few ho ...
,
solar and
geothermal power projects. In addition to Australia, the company operates also in
Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
and
Chile
Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the east a ...
.
The company is also active in the carbon market in the production and trading of carbon credits from its
run-of-river
Run-of-river hydroelectricity (ROR) or run-of-the-river hydroelectricity is a type of hydroelectric generation plant whereby little or no water storage is provided. Run-of-the-river power plants may have no water storage at all or a limited amo ...
hydro projects registered under the
Clean Development Mechanism
The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet internat ...
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.
[
]
In 2012 Pacific Hydro Retail started operating in the Victorian market.
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
*
Codrington Wind Farm
*
Challicum Hills Wind Farm
Challicum Hills Wind Farm is a wind farm encompassed by 35 (1.5 MW) NEG NM 64 wind turbines, with a total generating capacity of 52.5 MW of electricity. The wind farm is near Ararat in western Victoria, Australia. The power station was commi ...
*
Portland Wind Project
Water
*
Eildon Pondage Power Station
*
Lake Glenmaggie power station
*
Ord River Hydro Power Station
*
The Drop Hydro
The Drop Hydro Power Station is a Pacific Hydro hydroelectric power station on the Mulwala Canal, near Berrigan, New South Wales, Australia. It has one turbine, with a generating capacity of of electricity.
The power station was completed in ...
*
William Hovell Power Station, a hydroelectric power station in the
Hume region of Victoria, Australia
See also
*
:Power stations in Australia
*
Wind power in Australia
Wind power is one of the main renewable energy sources in Australia contributing 10% of Australia's total electricity supply in 2020, and making up 37.5% of it's renewable energy supply. Wind resource testing conditions in Australia are opti ...
References
{{Reflist
External links
Pacific Hydro global websitePacific Hydro Australia websitePacific Hydro Brazil websitePacific Hydro Chile website
Electric power companies of Australia
Electric power companies of Brazil
Electric power companies of Chile
Australian companies established in 1992
Energy companies established in 1992