SPEARhydro

Elevator Pitch: Our floating power plants revolutionize how river energy is utilized. Clean energy will be generated directly in city centers where it was not possible until now. All thanks to our internationally patented oscillating fin-based technology that overcomes clogging and maintenance issues of traditional turbines.

Summary:

SPEARhydro is a first-of-its-kind floating hydro power plant that provides clean and stable electricity by harnessing the natural flow of rivers. We revolutionize the utilization of rivers by enabling sustainable energy production directly in cities where traditional hydro power plants cannot be built and free flow systems do not work. By providing old floating structures with SPEARhydro ad-on and deploying new SPEARhydro modules, we aim to create a paradigm shift in how rivers are utilized.

Details:

technology: our EU and US patented technology replaces traditional turbines with an oscillating fin-based solution

utility: allows deployment in environments where it was not possible to harness river and tidal energy until now

impact: one SPEAR unit saves 700 tons of CO2 in 10years, CIF certified (planting 300 trees)

traction: prototype tested in real-life conditions, got first 3 clients with whom we agreed to run pilots, co-investors willing to follow a lead investor, signed 15 tech and business partnerships, part of the program https://synergisteic.eu/

Unlike the traditional turbine-based solution, SPEAR hydro harnesses the river energy by using an internationally patented pendulum movement of fins located beneath a waterway-capable vessel. The slow-moving, durable fins propelled by a river stream are connected to standard generators that produce electricity. Unlike common propellers and turbines, fins don’t clog, can withstand debris, and are safe for wildlife. These unique characteristics allow long-term deployment in free flow environments that was not possible until now.

The anchored power plant can be plugged into a local grid network or can be used as an off-grid or hybrid solution for own electricity demand.

With a certified nominal power of 15kW/unit at 2m/s river flow, it can be customized and scaled up for various applications. Our technology is embedded in a transportable, plug & play device that doesn’t require large supporting infrastructure and can be deployed on any navigable river. With a targeted capacity factor higher than 80%, SPEAR hydro strives for maximum efficiency.

We have two key customer groups:

1) Riverside real estate developers who want to power their buildings and

2) Port operators, vessel, and deck owners who want to use SPEARhydro as an add-on to power their anchored assets directly from the river beneath.