FFP New Hydro has received licenses from the Federal Energy Regulatory Commission (FERC) for four run-of river hydropower projects in the US state of Ohio which will represent an investment of over $100m.

FFPHydro

The proposed projects with a combined generating capacity of 15MW will be built on the Muskingum River.

Construction on the hydropower projects at Philo, Rokeby, Malta and Beverly will begin by 2017, with operations to begin by 2018.

During the construction phase, each project is expected to create close to 150 jobs, in addition to continued staffing and service employment during operations.

FFP New Hydro CEO Ramya Swaminathan said: "The clean, reliable electricity produced by the projects will be enough to power over 7,500 homes and businesses and will be a long term resource for the region."

FERC has granted licenses to the projects, following an extensive study process.

The plants are added to existing Lock and Dam facilities owned and operated by the Ohio Department of Natural Resources.

"We are grateful for the assistance of Senator Rob Portman and Representatives Pat Tiberi, Bill Johnson, and Steve Stivers and for their support of our license applications.

"Ohioans are fortunate to have representatives who understand the challenges of developing new sources of low-cost electricity in Ohio are willing to fight for good jobs and significant investment in the State," Swaminathan added.

FFP New Hydro also has final license applications pending for two more projects on the Muskingum River.

Owned by affiliates of US Renewables Group and Crestline Investors, FFP New Hydro recently acquired Red River Hydro, the owner of a FERC hydropower license for the Overton Lock and Dam project with an anticipated generating capacity of 52MW.

Based in the US, FFP New Hydro has a portfolio of 23 hydropower development projects with 10 FERC licenses on existing dams in Pennsylvania, West Virginia, Ohio, Mississippi, Kentucky, Indiana, and Los Angeles totaling over 260MW.

These projects are low impact run-of river hydropower development projects, which will, when constructed, provide clean, renewable power in their host communities for generations to come.


Image: Construction on the hydropower projects at Philo, Rokeby, Malta and Beverly will begin by 2017. Photo: courtesy of markuso / FreeDigitalPhotos.net.