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Hydropower Market is estimated to be US$ 379.68 billion by 2030 with a CAGR of 6.1% during the forecast period
Global Hydropower Market accounted for US$ 209.90 billion in 2020 and is estimated to be US$ 379.68 billion by 2030 and is anticipated to register a CAGR of 6.1%. Hydropower is often referred to as hydroelectricity or hydro energy. Flowing water and spring runoff from mountain streams and lakes are used to generate hydropower. Turbines and generators that produce power can be turned by high-speed flowing water. The capacity of hydropower facilities to create energy is around 30 MW. The capacity of a small hydropower plant is typically between 100 KW and 30 MW.
24-Jun-2022, 10:30 AM