Hydropower Plants Market to be Worth $318.3 Billion by 2030

A hydropower plant comprises a set of facilities and electromechanical equipment used to transform water's potential energy into electrical energy. Hydropower plants are gaining popularity due to their notable benefits such as stability and reliability of electricity systems, clean and cheap energy, and an eco-friendly source of energy. Furthermore, hydropower plants provide flood control, irrigation support, and clean drinking water.