Benešov, Czech Republic – 15 November 2015 – Mavel, a.s. announced the delivery of five turbines and related equipment for the 24.3 MW Polotskaya Hydroelectric Project (“Polotskaya HPP” or the “Project”) located on the West Dvina River in the Republic of Belarus.  The Project is owned by RUE Vitebskenergo and financing was provided by the Eurasian Development Bank.

Benesov, Czech Republic – 31 December 2015 –   M a v e l, a.s. (“Mavel”) announced the commissioning of the Libechov III hydroelectric power project (“Libechov III HPP”) a new hydroelectric development on the Labe River 37 kilometers north of Prague in the Central Bohemian Region of the Czech Republic.

Benesov, Czech Republic – 19 December 2014 –  M a v e l, a.s. (“Mavel”) has announced the commissioning of a new HPP on the Vltava River. The Vltava River is the Czech Republic’s longest river, famous for its 18 bridges including the iconic Charles Bridge in Prague. Hluboka HPP is also near the 13th century gothic Hluboka Castle, considered one of the most beautiful castles of the Czech Republic. The site was officially commissioned in August 2014.