Hydropower Market 2020 Trends with Top Player - Voith, General Electric, Chi0 Three Gorges Corporation, Alfa Laval, Metso, Hydro-Qubec, Duke Energy, Georgia Power, Ontario Power Generation, Stat Kraft, ABB Ltd, Engie, Tat

Hydropower market is segmented into micro, pico, mini, small, and large hydropower stations. Small Hydropower industry size is expected to grow at 2.5% by 2024, which will augment the overall market trends. This is possible due to the Capacity versatility, reduced investments, and renewable nature. Mini hydropower industry contributed to 2% of global hydropower industry share in 2016, owing to its low environmental impact and cost-effective characteristics. Growing investment in electric infrastructure to upgrade to smart off grid networks has further augmented the mini hydropower industry.

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Small Hydropower Market is also slated to establish its footprints globally. This segment is likely to be augmented by the low costs of civil construction and the rising measures to eliminate carbon and GHG emissions. In fact, in 2015, the Small-Scale Hydro Power Program had been launched by the Economic Community of West African States to achieve a share of 33% from hydropower toward the overall energy supply, which will subsequently propel small hydropower industry share.

A favorable regulatory landscape is a key factor propelling the growth of large hydropower market. Institutions such as the World Bank, Aquila Capital, and the Climate Aligned Bonds Initiative are renowned to contribute massively toward the growth of hydropower industry by means of heavy investments and other initiatives. In 2015, for example, the Climate Aligned Bonds Initiative allotted labeled green bonds worth USD 41.8 billion, to increase the share of electricity supply from hydroelectric stations.

What does the report encompass with respect to the Capacity landscape?
o As per the report, the f Hydropower market has been subdivided into Micro and Pico Hydropower, Mini Hydropower, Small Hydropower, Large Hydropower.
o The research study provides an in-depth understanding pertaining to the evaluation of the Capacity landscape.
o The market share that each of the sub segments hold has been provided in the study, in addition to the revenue estimates by the end of the forecast duration.
o The ongoing and future trends pertaining to the Capacity landscape have been outlined in the report in meticulous detail.

The market players are adopting strategies such as mergers and acquisitions to expand their global reach. Some of the key players in the hydropower market include General Electric, Ontario Power Generation, RusHydro, China Yangtze Power, Agder Energi, China Three Gorges Corporation, Alfa Laval, and Tata Power.

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The United States, being one of the most developed economies of the modern world, has always been one of the key pioneers partaking in the commercialization of hydropower market. The existence of the Grand Coulee hydropower project bears evidence to this statement. This facility was constructed in three phases and is one of the largest hydroelectric power stations in the world. Operated by the U.S. Bureau of Reclamation, this facility, located on River Colombia in the state of Washington, has an annual generating capacity of more than 24 TWh. This plant accounts for a sizable proportion of the country's power supply and consumption and thereby, contributes toward the growth of U.S. hydropower market. The third phase of the facility is expected to be completed in 2018.

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