https://www.boland-hydroturbine.com/ ower producer Tembo Power is partnering with WK Construction to conduct detailed studies for the development phase of the 7.5MW Dama and 12MW Siguvyaye run-of-river hydropower projects located in Burundi. The agreement will also grant WK Construction the status of preferred Engineering Procurement and Construction (EPC) contractor, while its investment arm, WK Power, will retain a minority equity stake in the projects. Both projects are on track to reach financial close in the third quarter of 2021 and the combined investment is approximately $50 million, according to a joint media statement. The statement further noted that the extended agreement confirms the technical-economic viability of the projects, and demonstrates the success of the ongoing 15MW Kaptis partnership in Kenya. Here, Tembo Power dealt mainly with the overall d...