Swiss utility to invest in Norwegian small hydro

摘要

Swiss utility Aare-Tessin AG fur Elektrizitat (Atel) plans to invest 200 million francs (US$164.7 million) in the development of small hydro-power plants in Norway over the next seven years.Atel said it plans to add plants in Norway, totaling 100 mw and generating an annual 475 gigawatt-hours (gwh), to its portfolio of existing and planned small hydro plants in Switzerland and Italy. It will establish a new company, Ecopower Scandina-rnvia, to take responsibility for building and operating the plants.