Alstom excited about Chinese hydro initiative

Alstom is into the second phase of its construction of the Hydrotechnology Centre in Tianjin, China and the French utility believes the company is in position to exploit outstanding potential.

“We see huge potential to be exploited” in China’s hydropower market, particularly in the south, Jerome Pecresse, renewable power president for Alstom, said in an interview, reports Bloomberg.

Three Gorges Dam

Construction of what will be the company’s biggest hydro equipment factory is expected to be completed by the middle of next year.

China’s goal of deriving 11.4 percent of its energy from non-fossil fuels by 2015 has spurred companies to increase investment.

For more renewable power news




Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...