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      <p>
        Natel Energy, a next-generation sustainable hydropower solution provider, raised USD 20 million in a Series B funding round led by Breakthrough Energy Ventures and supported by Chevron Technology Ventures. The company expects to deploy the proceeds for the development of its proprietary Restoration Hydro Turbine (RHT).
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      <p>
        The investment comes after the successful completion of two projects: the Monroe Hydro project in Oregon and the restoration of The Mill at Freedom Falls in Maine. Through additional support from this funding round, Natel Energy also plans to accelerate deployments of HydroForecast and Lens.&nbsp;&nbsp;
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      <p>
        Founded in 2005, Natel Energy incorporates hydropower generation into its restoration projects through its proprietary Restoration Hydro Turbine (RHT), which creates a safe fish passage to reduce fish damage by 99% during the hydropower generation process. This eliminates the need for fine fish screens used in legacy hydropower turbines which reduces plant efficiency.&nbsp;
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  <p>
    <a href="https://www.prnewswire.com/news-releases/natel-energy-announces-20m-series-b-to-further-deploy-modern-renewable-hydropower-301338358.html">
      Press Release
    </a>
  </p>
  <p>
    <a href="https://www.waterpowermagazine.com/news/newsnatel-energy-announces-20m-funding-round-8919197">
      Water Power Magazine
    </a>
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All Updates

Natel Energy raises USD 20 million in Series B funding