Source: Hydrovolts Newsletter, October 22, 2011.
Hydrovolts reported its accomplishment highlights in its October Newsletter:
- The US Navy completed a successful demo of the Hydrovolts Class I Turbine.
- A new turbine design was revealed.
- The US Bureau of Reclamation granted Hydrovolts the first Federal Licensing Agreement for hydrokinetic turbine installation in canals.
- Arizona and Alaska deals for turbines are in the works.
- The waterfall turbine market is growing.
- A Fresno partnership is in development.
- Hydrovolts won another international award.
- Three investment banks are bidding to represent Hydrovolts in its next funding round.