Put as simply as possible, this humble cupcake represents the simplicity and strength of the the HydroFoamer concept: this small piece of foam is strong enough for a grown adult to stand on it. Using a tiny amount of superstrong PU foam to replace heavy granular backfill enables the development of a massive amount of hydropower capacity, with minimal environmental impact, lowered costs and much quicker execution.
The underlying technology is already proven: it’s been functioning perfectly in a commercial pilot for Statkraft since late 2016.
Our task now is to automate the process, using off-the-shelf hardware and proven Siemens Simotics robotics technology.
Penstock BV is looking for €10m of investment that will:
- Build the robot in Q1 – 2024
- Construct a small-scale hydropower project in Norway in Q3 & 4 – 2024
- Industrialise the process and establish a small assembly plant in 2024
- Position the company to exploit more than 2,000 licensed and licensable smallscale hydropower plants (< 10MW) in Norway and 15GW of unbuilt hydropower capacity in US Pacific Northwest alone, which are perfectly suited to production of millions of tonnes of green hydrogen annually through electrolysis.
We have the vision, the people, the patented technology, the project plan, the potential.
Do you have the funds?
Contact: Guy Harris CEO on +31 639048200 or guy.harris@hydrofoamer.com