03/12/2014
Voith to Modernize Zvornik Hydropower Plant in Serbia
As a result of the extensive rehabilitation, the Zvornik power plant will once again enjoy cutting edge technology. After the modernization the power plant's performance will surge from 96 to 124 megawatts. The modernization of hydropower plants not only ensures much longer service lives but also improves performance and efficiency. It also reduces the maintenance costs for the operator in the long term.
Hydropower amounts to about 30 percent of Serbia’s energy production. However, there is still high potential to develop this technology in the country: according to “The International Journal on Hydropower & Dams” more hydropower plants could be built with a total capacity of about 15,000 gigawatt hours.
About the Company
Voith sets standards in the markets energy, oil & gas, paper, raw materials and transportation & automotive. Founded in 1867, Voith employs more than 43,000 people, generates € 5.7 billion in sales, operates in about 50 countries around the world and is today one of the biggest family-owned companies in Europe.
The Importance of Hydropower
Hydropower is the largest, oldest and also most reliable form of renewable energy generation. Worldwide it makes an indispensable contribution to stable power supplies and hence to economic and social development – both in industrial countries and in emerging markets. At the same time, hydropower significantly contributes to climate-protecting energy generation. Voith has been a leading supplier of this technology since the early beginning, and continuously develops it further.