Joint Venture to Produce Free Flow Turbines in Nepal06/08/2012 |
| Nepalese renewable energy specialist Glow Tech Solutions and Tocardo International, based in The Netherlands, have established a joint venture to set up an assembly and production facility for Tocardo turbines in Nepal. The agreement follows a deal announced in June 2012 to sell 25 of Tocardo’s T100 water turbines to Glow Tech Solutions. The patented turbines will be installed in Nepal’s fast-flowing rivers to produce electricity. Together they have a capacity of 2.5 Megawatt. |
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The joint venture assembly and production facility will produce water turbines for the Nepalese market and for export in the region. Glow Tech Solutions acquired licenses to install water turbines with a total capacity of 2.4MW and is expected to acquire licenses for an additional capacity of 7.4 MW. It completed pre-feasibility studies for 100MW.
The Tocardo free-flow in-stream hydro turbines can be compared to ‘underwater wind turbines’: free-standing underwater units, generating energy from sea currents, tidal and river flows. They are easy to install and are low-cost to maintain.
The Dutch Government supports the setting up of the joint venture through its Private Sector Investment (PSI) program. The joint venture agreement was recently signed by Mr. Hans Van Breugel, CEO of Tocardo, and Mr. Subodh Tripathee of Glow Tech, at a ceremony in Kathmandu attended by the Minister for Industry of Nepal, Hon. Anil Kumar Jha, and the Dutch Consul, Mr. Rem Neefjes.
Read more about: Tidal Website: http://glowtechsolutions.com Supplier: Tocardo International More news from this supplier: First Bi-directional Turbine Seminar on Sea Level Network Nautical Chart for Arctic Updated SPAR Europe and European Lidar Mapping Forum Call for Papers 5th Extraordinary IHC Preparations Seaglider Technology Marketed by Kongsberg Award for Hydrographic Lidar Scanner Autonomous WiFi-controlled USVs Marine Measurement Forum Links Maritime Science RV Zeeleeuw to Serve for Kenya Indonesia’s Largest Port Extension for 4.5 million TEU 
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