“Energiya-1” is a private company operating small hydro power plants in Ukraine. Company’s ambition is to rehabilitate old, worn out equipment and bring hydropower of small rivers back to life.
The company decided to reconstruct and increase the capacity of a 530 kW run-of-river mini hydro power plant near the existing dam. Electricity sales into the grid at a Green Tariff generates the annual income of $560,000 and allow repaying the investment in nine years.
This project demonstrates that investments in mini hydro power plants are beneficial for all stakeholders and profitable for the developers.