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Gravity Renewables company logo
ENERGY & UTILITIES | Renewables / Ocean & Hydro
gravityrenewables.com

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Stage

Loan | Alive

Total Raised

$18.85M

Last Raised

$680K | 2 yrs ago

Revenue

$0000 

About Gravity Renewables

Gravity Renewables is an owner, operator and developer of small hydroelectric power plants in the United States. Gravity brings predictably-priced, cost-effective clean energy to electricity consumers, helps conserve and restore historical sites, and promotes educational and recreational opportunities in the communities it serves.

Gravity Renewables Headquarter Location

1401 Walnut Street Suite 220

Boulder, Colorado, 80302,

United States

303-440-3378

Latest Gravity Renewables News

Small Hydropower Market Projected to Install 214 GW by 2026, Increasing Use of Renewable Sources to Promote Growth in the Market: Fortune Business Insights

Sep 6, 2019

Key companies covered in the Small Hydropower Market Research report include Innergex, Blue World Power Energy and Resources, Gravity Renewables, Pernix Group, Inc., Dulas Ltd, Voltalia, Velcan Energy, SN Aboitiz Power, Inc., Green Highland Renewables Ltd, Voith Group, Mavel a.s., RusHydro, Marubeni Corporation, PNOC Renewables Corporation, Statkraft, Renewable First Ltd, Energy Eastern Europe Power GmBH, Him Urja Private Limited, and Vindhyachal Hydro Power Pvt. Ltd. | Source: Fortune Business Insights Pune, Sept. 06, 2019 (GLOBE NEWSWIRE) -- As per recent research studies, currently there are about 83,000 small hydropower dams worldwide. The number of small hydropower projects is expected to increase, thus favoring growth in the global Small Hydropower Market. Fortune Business Insights in a new report, titled “ SMALL HYDROPOWER MARKET : GLOBAL MARKET ANALYSIS, INSIGHTS, AND FORECAST, 2019-2026” predicts that the market is projected to expand at a CAGR of 3.06%. As per the report, the global market for small hydropower installed 169,667.98 MW in 2018 and is expected to cross 214,553.56 MW by 2026. Small hydropower is a clean and renewable source of energy. It is a reliable, low-cost, and has better capacity than large hydropower systems. Increasing industrialization in BRIC nations, governments are focusing on remote areas to efficiently supply electricity. Owing to the unavailability of grids in such areas, the demand for small hydropower generators is likely to increase. This will further impact the Small Hydropower Market demand. Moreover, small hydropower plants are mainly suitable in areas with poor grid connectivity. Small hydropower or SHP generates electricity at low prices than other off-grid technologies. SHP is highly flexible and easily adaptable to several infrastructural and geographical circumstances. Enabled by this, the Small Hydropower Market growth is expected to increase in the foreseeable future. Browse Complete Report Details with Table of Content and Figures: SHP is categorized into different capacities. These are mini-hydro (100kW to 1MW), micro-hydro (5 kW to 100 kW), and pico-hydro (100 Watts – 5kW). Among these, micro-hydro is expected to lead the global market as it covers around 80% of the share. Asia Pacific to Hold a Lion’s Share Owing to Continuous Developments by China From a geographical standpoint, the Small Hydropower Market in Asia Pacific is expected to dominate the global SHP market through the forecast years. The rising developments made by the Chinese government for the construction of small hydropower plants. “As per installed capacity, Pacific region accounts for the lowest share of SHP, whereas Asia holds the maximum share of SHP. Together, Asia Pacific covers over 65% of the installed capacity of small hydropower,” stated a lead analyst at Fortune Business insights. The market in India is likely to witness growth between 2018 and 2026. Government initiatives such as Rajiv Gandhi Grameen Vidyutikaran Yojana and SHP Programme by Ministry of New and Renewable Energy (MNRE) are expected to expand the Small Hydropower Market size. Rajiv Gandhi Grameen Vidyutikaran Yojana promotes utilization of renewable energy sources and electrification in rural areas, whereas SHP Programme by Ministry of New and Renewable Energy (MNRE) encourages small hydropower development. The Small Hydropower Market in Europe is anticipated to grow considerably over the projected horizon. Europe accounts for over 45% of the installed capacity of SHP. The rising trend of adopting renewable technologies is contributing to the growth of the market in this region. In addition to this, better resource availability is another factor stimulating growth in the market in Europe. Following Europe, Latin America and North America are third and fourth leading regions in the market. The U.S. had over 50% of the installed capacity of SHP, however, currently, it is stagnant. The market is expected to emerge in North America owing to the upgradation of several SHP projects in the U.S.     RusHydro to Build Two Small Hydropower Projects, Each with an Installed Capacity of 24 MW Several international organizations are conducting initiatives to promote the use of small hydropower across the world. This will create enormous Small Hydropower Market potential in the years to come. Use of SHP has reduced carbon emissions, thus improved the living standards of people. Several companies are planning to construct small hydropower plants, especially in remote areas to promote use of SHP. For instance, a Russian energy company called RusHydro started the construction of two SHP plants in June 2019. These plants called Krasnogorskaya 1 and Krasnogorskaya 2 have an installed capacity of 24.9 MW and are built on the Kuban River in Russia. The chairman of the company made a statement by saying that small hydropower development has always been an integral part of our business. He added that this project will create 700 new jobs between the start and end of this plant construction. The report profiles some of the other leading companies operating in the Small Hydropower Market. These include Innergex, Blue World Power Energy and Resources, SN Aboitiz Power, Inc., Pernix Group, Inc., Gravity Renewables, Dulas Ltd, Voltalia, and Green Highland Renewables Ltd,  Velcan Energy. Table of Content: Browse Related Reports: Advanced Energy Storage System Market Size, Share and Global Trend By Technology (Solid State Battery, Flow Battery, Thermal Energy Storage, Pumped Hydro Storage), By Application (Residential, Commercial, Industrial, Utility) and Geography Forecast till 2026 Carbon Capture and Sequestration Market Size, Share and Global Trend By End-Use (Enhanced Oil Recovery (EOR), Dedicated Storage), By Source (Chemicals, Natural Gas Processing, Power Generation, Fertilizers Production, Others) and Geography Forecast till 2026 Microturbine Market Size, Share And Global Trend By Application (Standby Power, Combined Heat and Power (CHP)), By Power Rating (Up to 50 kW, 51 kW to 100 kW, 100 kW to 200 kW, Above 200 kW), By End User (Residential, Commercial, Industrial) And Geography Forecast Till 2026 Solar Power Market Size, Share and Global Trend By Technology (Solar Photovoltaic (Mono-si, Thin Film, Multi-si, and Others) and Concentrated Solar Power (Parabolic Trough, Power Tower, and Linear Fresnel)), By Application (Residential, Non-Residential and Utilities), and Geography Forecast till 2026 Offshore Wind Power Market Size, Share and Global Trend By Installation (Fixed Structure, Floating Structure), By Water Depth (Up to 30m, Above 30m), By Capacity (Up to 3MW, 3MW to 5MW, Above 5MW) and By Geography Forecast till 2026 About us: Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. Contact us: 308, Supreme Headquarters,

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Research containing Gravity Renewables

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CB Insights Intelligence Analysts have mentioned Gravity Renewables in 1 CB Insights research brief, most recently on Dec 10, 2020.

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Gravity Renewables is included in 1 Expert Collection, including Renewable Energy.

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