Companies Dominating the Small Hydropower Market
- ANDRITZ
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- AtkinsRéalis (SNC Lavalin Group)
- Bharat Heavy Electricals Limited
- FLOVEL Energy Private Limited
- General Electric
- Gilkes
- Natel Energy
- Siemens Energy
- TOSHIBA CORPORATION
- Voith GmbH & Co.
The small hydropower market is relatively fragmented, with key companies aiming at technology development and M&A strategies. The market is highly concentrated, with Voith GmbH, ANDRITZ, and Siemens Energy being the key players in the small hydropower market that offer turbines or control systems. In April 2023, Shizen Energy partnered with GUGLER to set up a 2.2 MW Pelton turbine in the Kuroda Hydroelectric Power Plant in Japan, first introducing a megawatt-class turbine in its country. This is a significant achievement for the plant as it enhances Japan renewable power capacity to show the country’s dedication to investing in more green energy. The collaboration demonstrates the production competition in the small hydropower market and the pressure companies experience as they seek to use the latest technologies to meet society’s increasing energy needs.
Here are some leading companies in the small hydropower market: