P2 Solar, Inc. (PTOS) Proceeds with Mini Hydro Project
Although fossil fuels lead the worlds electricity generation market, more than 60 countries are now using hydropower to meet more than half of their electricity needs. The benefits of producing electricity from small hydropower, together with increasing interest in the sector, have led to improved policies and support from governments. Both are expected to engender new installations in many countries in coming years. P2 Solar is one of the companies developing mini-hydropower projects for public and private sectors that are actively seeking to incorporate it into their electricity consumption profiles and have favorable renewable energy policies. Mini-hydropowers attractiveness is partly…