Power Fund gives AmJet money for hydroelectric turbine project
BPC Staff Mar 10, 2011 | 4:06 pm [wp-word-count-reading-time after="min read time"][wp-word-count after="words"]Innovation and Entrepreneurship
The Iowa Power Fund Board yesterday awarded Keokuk-based AmJet Turbine Systems LLC a $325,000 grant to support the building and testing of a hydroelectric turbine.
The grant will be matched with $200,000 and will allow the company to test and potentially begin full-scale production of turbines suited to generate electricity from low head dams.
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