# GE Renewables consortium wins $649M Itaipu hydropower upgrade contract

A consortium led by GE Renewable Energy Hydro Solutions with Paraguayan firms Tecnoedil and CIE won a $649 million, 14-year contract to upgrade equipment and systems at the Itaipu hydropower plant on the Parana River. The project covers all 20 generating units and includes new energy management and automation systems.

- Type: Contract
- Announced: 2022-05-10
- Where: Itaipu hydropower plant, Parana River, Brazil-Paraguay border
- Value: $649.0M
- Status: announced
- Capacity: 14 GW
- Products: generating unit upgrades, energy management systems, automation technology, overhead cranes
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [GE Renewable Energy Hydro Solutions](https://endata.com/companies/9220.md)
- [Tecnoedil](https://endata.com/companies/9221.md) (partner)
- [CIE](https://endata.com/companies/9222.md) (partner)
- [Itaipu Binacional](https://endata.com/companies/9223.md) (customer)

## Sources

- [enr.com](https://www.enr.com/articles/54079-ge-renewables-leads-650m-upgrade-of-huge-dam-in-south-america), 2022-05-10: "A consortium of GE Renewable Energy Hydro and Grid Solutions, along with Paraguayan firms Tecnoedil and CIE, has won a $649-million, 14-year contract for upgrades to the Itaipu hydropower plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.