Press & Media

High Tech Gründerfonds (HTGF) invests in Smart Hydro Power GmbH

2011-03-24

Investors in this public/private partnership are the German Federal Ministry for Business and Technology (BMWi), the KfW Banking Group as well as the six industrial companies BASF, Deutsche Telekom, Siemens, Robert Bosch, Daimler and Carl Zeiss. These recent developments not only confirm the tremendous potential seen in SHP´s product, but also, will better enable the company to continue with its goal of showcasing its turbine in early April 2011 in Munich, Germany.