How Hydrovolts’ $250k Development Deal Could Turn into a $20M Contract and Global Market
September 13, 2010
Hydrovolts has scored an investment deal that looks small at first blush, but could take the cleantech startup to the next level. The Seattle-based company, which develops small hydropower turbines that generate renewable energy from small streams and canals, last week received a $250,000 investment from civil engineering firm DLZ Corp. to develop prototype turbine for the company. DLZ plans to use the 25kW hydrokinetic turbine on the 14-km Chilla Canal in northern India. Read more here.