Global Hydro enters RI market

Austria?s leading manufacturer of turbines and turbine components for small hydro power plants, Global Hydro is expanding its market to Indonesia through local subsidiary PT Global Hydro Indonesia.

The company said in a statement Monday that it is ready to support the expansion of hydro power plants in Indonesia particularly small hydro power plants including those located in remote regions through its latest smarT technology.

?The market in Indonesia has been developing and is very good for us. Here, we find ideal condition for the application of our special technology in the area of small scale hydro power plants,? said Heinz Peter Knass, Managing Director of Global Hydro, in the statement.

The Indonesian government is pushing for the development of renewable power plants including hydro power in a bid to help meet its target for renewables to account for up to 23 percent of the country?s energy mix by 2025. Developing mini and micro hydro power plants also forms part of the government?s strategy to increase electricity supply in remote areas by taking advantage of local hydro resources.

Editing by Reiner Simanjuntak