Hydro power is renewable energy (green or clean energy) and offers the following advantages over other renewable energy technologies:
- Hydro power is clean energy at affordable feed-in-tariffs as compared to other renewable energy technologies, especially solar PV;
- Free dependable fuel & dependable power;
- Hydro power generation is more predictable as it is based on the flow data of previous years;
- Better Plant Load Factor (PLF) as compared to solar & wind;
- Proven & standard technology at much lower costs
- Base load generation, among others.
Why invest in hydro power projects?
- Assured high returns over a medium to long investment horizon;
- No market risk, because of long term power purchase agreements (PPA), which provides guaranteed off-take and price;
- High demand for power in the country and region; and
- Proven and standard technology without risks of obsolescence.