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The Hydro Power market is a sector of the energy industry that focuses on the production of electricity from the energy of falling water. This type of energy is considered renewable and is often used to supplement other sources of energy. Hydro power plants use the force of water to turn turbines, which in turn generate electricity. This electricity is then distributed to homes and businesses.
Hydro power is a reliable source of energy, as it is not affected by weather or climate conditions. It is also a clean source of energy, as it does not produce any emissions.
The Hydro Power market is made up of a variety of companies, including those that design, build, and operate hydro power plants, as well as those that provide services such as engineering, consulting, and financing. Some of the major players in the market include Voith, Andritz, GE Renewable Energy, and Siemens. Show Less Read more