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Corporation (IFC), said: “The HydroSelect tool is an essential resource for guiding early-stage decision-making in hydropower development supporting proactive project siting and contributes to basin-wide strategic and cumulative impact assessments. “HydroSelect empowers stakeholders to identify potential environmental and social risks early on. This approach enables more informed planning, fosters responsible development, and strengthens long-term sustainable environmental and social strategies. “IFC has been proud to collaborate with
Hydropower Sustainability Alliance and contribute to its development and advocate for its use as part of our ESG Landscape Advisory in Asia Pacific.”
Nasib Man Singh Pradhan, Director at Nepal Electricity Authority, added: “HydroSelect strengthens Nepal Electricity Authority’s (NEA’s) early-stage decision-making by providing structured insights into environmental and social risks.
“While only projects with extreme risk
are screened out, tools like this help clarify uncertainties early on – guiding our Screening and Ranking Program toward smarter, more sustainable hydropower development aligned with both national priorities and community needs.”
Marta Juhasz, Environmental and Social Officer at FMO (Dutch Entrepreneurial Development Bank), commented: “Early decisions revolve around planting the right seed. In the case of hydropower development, this means integrating environmental and social considerations into day one of a project. “HydroSelect offers a practical way to do this. FMO is proud to support the tool’s launch.“ Govind Ghimire, CEO of NMB Bank, said: “Piloting HSA’s HydroSelect sharpened our early ESG screening and improved credit calls. “It helps clients lay solid foundations for meeting global sustainability standards and could channel more finance toward responsible low-carbon hydropower. We’re keen to share our experience and support its wider adoption.” HSA said it will now work with partners to implement HydroSelect in countries expecting growth in hydropower development, with the goal of aligning new projects with international best practices.
UK
Anglesey Mining and RheEnergise sign agreement to develop project at Parys Mountain Anglesey Mining PLC has signed a Letter of Intent (LOI) with RheEnergise Limited to advance a high-density fluid hydropower energy storage project at Parys Mountain in Wales, UK. The agreement outlines the creation of a jointly owned special purpose vehicle (SPV), which will oversee the first commercial deployment of RheEnergise’s High Density
Hydro System at the site. Both companies will contribute financial, material, and intellectual property resources to the SPV and carry out a feasibility study. If the study supports the project, the two companies will work to bring it into operation. Anglesey Mining has received in-principle support from the Amlwch Industrial Heritage Trust, Geo Môn, and Menter Môn. The company also acknowledged the practical advice and support provided by the Isle of Anglesey County Council’s Energy Island™ Programme. “The signing of this Letter of Intent is an important next step in this project for both companies involved,” said Rob Marsden, Chief Executive of Anglesey Mining. “We are excited by the potential and synergies that this project brings together at many levels. Anglesey Mining is focused on delivering a polymetallic underground mine at Parys Mountain. Securing a source of consistent green power on Anglesey and establishing a presence back underground at Parys Mountain is key to the strategy of de-risking the incremental development of the mine and furtherance of the UK’s green power ambitions.” Anglesey Mining has stated that the hydro
project will not interfere with its long-term plans to develop a polymetallic underground mine at Parys Mountain. The company has ongoing strategies to attract investment while managing risk in phases. A pre-feasibility study is underway, and an
investor presentation detailing the energy storage project’s methodology and potential revenue streams has been published. Parys Mountain is recognised as the UK’s most advanced primary mining project for copper, lead, silver, and zinc – all listed as critical minerals by the UK Government.
US
UK firm Dyrhoff secures US flood protection contract with backing from Government Export Finance Folkestone, UK-based engineering company Dyrhoff has secured a major contract in the US to supply flood protection equipment, supported by a $475,000 facility guaranteed by UK Export Finance (UKEF). The deal will see Dyrhoff deliver two pneumatically operated spillway gates for a flood protection project in North Dakota. The financing facility, issued by NatWest and backed by UKEF, enabled the company to meet the bonding requirements needed to secure the international contract.
Dyrhoff, which has been designing and supplying inflatable rubber dams and spillway gates for over 30 years, has worked on more than 150 projects in over 30 countries. Its products are used for flood control and water management, with past clients in the US, Canada, Italy, Norway, Turkey, Portugal, and Indonesia. The company said the North Dakota project
6 | September 2025 |
www.waterpowermagazine.com
is one of its largest to date. As a result of recent contract wins, it plans to expand staffing at its manufacturing base in Folkestone, Kent. “We have been providing market-leading rubber dam and spillway solutions since 1989, but the support afforded by UKEF has enabled us to set our sights on an exciting overseas growth opportunity,” explained Don Mason, Director at Dyrhoff, “By assisting us in winning such a significant project for the business, UKEF support has set us up to carry on building momentum in key markets like the USA. Despite economic uncertainty in the market, we are now well placed to use this project as a springboard for success.”
UKEF is the UK government’s export credit agency. Its support is part of a broader initiative to boost British exports and contribute to infrastructure development abroad. Lisa Maddison-Brown, UKEF’s Export Finance Manager for Kent, East Sussex and West Sussex, said: “We are really pleased to be able to assist a business which maintains a focus on developing critical infrastructure to keep areas safe from flooding. A key goal of ours is to continue placing British engineering at the heart of vital projects worldwide, and Dyrhoff is helping to do just that.” “I’m delighted to announce NatWest’s Trade Finance support for Dyrhoff, as they secure a significant export contract creating impactful engineering solutions that serve a crucial international and domestic purpose,” added Ellie Morrison, Trade Finance Manager at NatWest. “The financing package has equipped Dyrhoff to meet essential bonding requirements, thereby enabling the company to secure and mobilise on this project. This partnership, facilitated with the support of UK Export Finance, aligns with NatWest’s commitments to foster the growth of UK-based businesses and contributing to vital infrastructure projects worldwide. “Dyrhoff are a great example of a successful
UK exporter and NatWest is proud to support the business with the financial solutions they need to thrive globally.” The announcement follows the release of UKEF’s 2024/25 annual report, which highlighted £14.5 billion in support for UK exporters, helping to sustain up to 70,000 jobs.
India
Mohmand Dam construction advances on multiple fronts; power generation targeted 2027 Construction on the Mohmand Dam Hydropower Project in Pakistan is moving ahead steadily, with work progressing simultaneously at 14 key sites, according to an update from the Water and Power Development Authority (WAPDA). The authority confirmed that construction of the main dam structure began in May after completion of critical preparatory works, including diversion tunnels, coffer dams, and
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