Turbine and equipment manufacturers Canyon Hydro and Soar Technologies Inc. have announced they will join forces to operate as Canyon Hydro.
Soar Hydro, based in Redmond, Wash., has operated for nearly three decades and specializes in in-conduit and pressure-reducing valve systems.
“Soar is very excited to be joining teams with Canyon,” Soar Technologies CEO Mike Maloney said. “The engineering support and manufacturing capabilities Canyon offers will be a huge asset to the development of the Soar product line.”
Soar’s offerings include several types of small turbines and control systems, in addition to engineering, design and consulting services.
The merger helps fill a hole in Canyon Hydro’s product lineup, Canyon CEO Richard New said, with Soar’s experience in inline turbines adding to Canyon’s own portfolio of 5 MW to 25 MW units.
Per terms of the merger, the combined company will “focus on developing and producing solutions for both small and large hydroelectric applications,” with Soar’s employees to be relocated to Canyon’s headquarters in Deming, Wash.
HydroWorld.com reported in January that Canyon Hydro had been awarded funding from the U.S. Department of Energy’s HydroNEXT program to work on optimizing the design of arhimedes screws for use in low-head, high-flow generating sites.
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