+1-888-308-5802     
News Contact Us

Small Hydropower Market Price Trends, Installed Capacity, Competitive Market Share & Forecast, 2016 – 2024

Author : Rahul Sankrityayan | Published Date : 2019-04-10 

Global Small Hydropower Market size by installed base was more than 110 GW for 2015 and is predicted to register more than 2.5% growth during the forecast period. Demand for pure and renewable source of energy has resulted in growth of the industry. The reason being that hydropower is purest form of renewable energy and does not pollute the environment by emitting hazardous pollutants like carbon dioxide. Also, small hydropower needs less reservoirs and construction activity it has negligible impact on environment. Further, the industry is rapidly growing owing to favourable government policies and government subsidies, tax benefits & incentives.

Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/479

In 2003, Voith Siemens won a $45 million engineering & procurement deal to deploy three small-scale hydropower units with overall deployment capacity of 60MW for Mexican firm comex hidro. These power plants were developed on the reservoirs to control floods and provide irrigation in Mexico.

Statkraft penetrated Indian hydropower industry in 2004 and was a first overseas firm to make investment in hydropower sector in India. It is involved in two big hydropower projects in India amounting to total 300 MW. The firm is further exploring new investment avenues within hydropower sector by partnering with Tata Power which is India’s biggest integrated power firm. Together the two firms have a license for new plant “Dugar” amounting to greater than 400MW in Indian state of Himachal Pradesh.

Small Hydropower Market Size

Global small hydropower market is segmented into key geographical regions including North America, APAC, Europe, Latin America and MEA.

APAC led the global industry with higher than 80GW deployed capacity for 2014 with Japan, India and China being key contributors for small hydropower installation. Rising demand for off grid power supply, high hydropower capacity and tax benefits were few of the drivers for sall hydropower installations in the region.

Europe was the second biggest small hydropower market in 2014. Italy led the regional industry with total installation of more than 3.1GW owing to its structured policies and high investments for industry growth.

North America small hydropower market is predicted to register CAGR of more than 2.5% during the forecast period. The region was third largest in terms of industry share in 2014. Canada and USA were dominant nations with many key small hydropower installations.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/479

MEA small hydropower market is predicted to experience substantial expansion in future owing to rise in demand for electricity and renewable energy across nations like Egypt, Kenya and Nigeria in the region.

Key industry players profiled in the report include:

  • RusHydro
  • ALSTOM
  • Lanco Group
  • Andritz Hydro
  • Agder Energi AS
  • SIEMENS AG
  • BC Hydro
  • StatKraft
  • Siemens

Africa small hydropower market share is forecast to grow at 3.9% CAGR up to 2024. The country owns immense untapped hydropower potential, but government does not have enough capital to build plant itself. Foreign investment is among the key initiative to enhance industry growth.

Browse Full Report @ https://www.gminsights.com/industry-analysis/small-hydropower-market

Line stability, high lighting intensity, load shedding, inadequate equipment to compatible with old infrastructure may hinder small hydropower industry evolution. Another challenge is the existing substation, where the plant can be interconnected owing to houses and buildings are built nearby with no provisions was made for expansion.

To build a SHP plant it is essential to have an available & sustainable water stream within few hundred feet from the energy consumers. Logistics cost owing to less connectivity with the main city are expected challenging factors.

 

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Yeast extract market outlook 2024; Strong application scope in food & beverages and pharmaceuticals industry

Published Date: 2019-04-25         Author: Rahul Sankrityayan

The tremendous usage of yeast extracts across the pharmaceutical and F&B sectors has set the stage for the massive growth of yeast extract industry. Processed yeast products, collectively referred as ‘yeast extracts’, are prominently used as food additives to create assorted flavors ... Read More

Animal feed additives market to be described by a stringent regulatory Outlook

Published Date: 2019-04-25         Author: Rahul Sankrityayan

The current scenario in the overall animal health space seems to be indicating that prominent behemoths in animal feed additives market are continuously involved in enhancing the quality of feed nutrition and improving feed palatability and digestibility. Feed additives are known to overcome dietary... Read More

Carbon Capture and Storage Market Analysis, Current and Future Trends 2018 – 2024

Published Date: 2019-04-25         Author: Rahul Sankrityayan

Carbon Capture and Storage market report provides all study material concerning summary, growth, demand and forecast analysis report altogether across the globe. Carbon Capture and Storage Market size will cross USD 6 billion by 2024, as reported in the latest study by Global Market Insights, Inc... Read More

© 2019 Fractovia. All Rights Reserved