By: greenbank On: February 01, 2016 In: Comments: 0

An historic installation in the United States, the first Archimedes Screw Generator was installed by New England Hydropower Company at the Hanover Pond Dam on the Quinnipiac River in Meriden in late 2016. CT Green Bank provided US$3.1 in debt for construction and financing costs (which was raised through clean renewable energy bonds, CREBs) and US$300,000 of working capital through an existing working capital facility agreement with Webster Bank.

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