RainPower a Norwegian technology company has set up a new subsidiary company in Sweden and has also entered into a cooperation agreement with engineering firm KTAB to become a fully integrated provider of hydropower technology and services in the Swedish market. Since it was set up in 2007, RainPower has developed proprietary turbine technology at its hydropower laboratory in Trondheim.
CEO Svein Ole Strømmen of RainPower said “Establishing Rainpower in Norway has been very successful, and we feel that the time is right to take a look at the exciting hydropower market in Sweden.” “KTAB is an engineering company that has developed hydropower expertise in Kristinehamn. This expertise combined with a highly qualified technical team in Kristinehamn and innovative research environment in Norway will create a competitive total supplier of hydropower services in Sweden for planning, production, maintenance and service.
RainPower has employees at Kjeller, Sørumsand in Trondheim, Oslo and Hangzhou in China. The company, which is based on Kvaerner’s and General Electric’s hydropower expertise, supplies, hydroelectric turbines and all associated equipment for the production of clean electricity.