Untitled Document

Albion, Dragon Hydro partnering for new 300 kW project

Capital investment group Albion Ventures LLP is entering the hydropower industry with an investment of almost US$2 million in a new Dragon Hydro Limited scheme.

The money will help Dragon Hydro develop a 300 kW hydropower plant on the Afon Cadair River in Wales' Gwynedd County.

The project will benefit from the United Kingdom's feed-in tarrif (FiT) plan and reflects Albion's history of investing in green technologies.

"This investment highlights Albion's continued commitment to the renewables sector," says Albion representative Michael Kaplan. "Hydropower is the oldest renewable technology and we are very pleased that the government continues to support small-scale hydro through feed-in tariffs."

Albion says the project is expected to be complete by Q3 2013.

Related Articles

French city seeks construction, operation of Taconnaz small hydro project

The city of Chamonix-Mont-Blanc seeks bids to build and operate the Taconnaz small hydropowe...
African small hydropower

Partnership to advance small hydropower plant development in Africa

Hydroneo Afrique and African Infrastructure Investment Managers (AIIM) are partnering to dev...

Africa fund seeks civil, EM works for Uganda's 10-MW Achwa 3 hydro project

The Africa Renewable Energy Fund (AREF) invites expressions of interest to carry out civil a...

Rwanda leases 22 small hydroelectric plants to private consortium

On Aug. 27, Rwanda’s Ministry of Infrastructure government announced it has leased 22 small ...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

07/01/2015
Volume 34, Issue 6
07/01/2015
Volume 23, Issue 4

Buyers Guide Products