Small Hydropower - The Potential for Decentralized Power Generation in Remote Areas
Wisdom Market Research
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Small hydropower refers to the generation of electricity using hydropower systems with a capacity generally below 10 megawatts (MW). The small hydropower market has witnessed significant growth in recent years. This growth can be attributed to several factors, including the increasing focus on renewable energy sources, government incentives, and support mechanisms, and the potential for decentralized power generation in remote areas.
According to the report published by Wisdom Market Research , the global small hydropower market is expected to reach USD 3.36 Billion by 2030 at a CAGR of 2.43%.
Key players in the report are Voith Hydro , ANDRITZ HYDRO Pvt. Ltd. , GE Renewable Energy , 西门子能源 , 东芝 , Bharat Heavy Electricals Limited , SNC-Lavalin , HNAC Technology Co., Ltd , Gilbert Gilkes and Gordon Ltd , Mavel, Mitsubishi Hitachi Power Systems Global Service Center (Philippines) , Ganz Engineering and Energetics Machinery Ltd. , Turboinstitut , Canyon Hydro , CKD Blansko , Canadian Hydro Components Ltd. , ATB RIVA CALZONI SPA , FLOVEL Energy Private Limited , B Fouress Private Limited (BFL), Bangalore , and Global Hydro Energy.
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