Company development and history

Wasserkraft Volk AG is one of the world's leading manufacturers of hydro power plants up to about 25 MW unit rating. The company history started 1979 by developing and manufacturing of small hydro power plants. The small company consequently expanded over the years and was changed into a Pvt. Ltd in 1986 and in 1997 finally into a stock corporation.

Over more than 35 years business, several hundred small and medium-size hydro power stations were built which now produce environmentally friendly energy in more than 50 countries in Europe, South- and Central America, Africa and Asia.

Chronicle of the Wasserkraft Volk AG

Founding years

1979 Starting as a consulting office
1980 First orders for turbines and water-wheels were building the means of existence of the first years.
1985 The German Gesellschaft für technische Zusammenarbeit (GTZ) orders a hydro power station for Peru from Wasserkraft Volk.
1986 Formation of the the Wasserkraft Volk GmbH.

WKV becomes a stock company

1997 The Wasserkraft Volk GmbH meanwhile engaged 30 employees and is changed into a stock corporation.
1999 Two increases of share capital permit the start of work on the "State-of-the-Art Factory". In May, the ground-breaking ceremony for the new factory including own 320 kW hydro power station is celebrated.
2000 Just on turn of the century, two Francis turbines are taken into operation. Employees and share holders of WKV AG are celebrating the Millenium party in the production hall. The State-of-the-Art Factory is started in May, the 40th employee is engaged.
2003 WKV AG wins the "German Solar Award" in the category "Enterprise" and registers the highest sales turnover until then in the company history. In December, Manfred Volk on his own will appoints Josef Haas to the Board of Directors. From there onwards he is the new Chairman and Technical Manager.
2004 Jointly with other leading German hydro power system suppliers, Wasserkraft Volk AG participates in an international conference for renewable energy, the "Renewables 2004" which takes place in June in Bonn/Germany. "Deutsche Welle" TV station produces a movie on WKV AG for their TV show "Made in Germany" which was telecasted worldwide.
2005 The 2005 business year is another outstanding and successful year for WKV. For the first time in 25 years company history, the double-digit Million Euro turnover limit is exceeded. More orders in the medium MW segment (up to 15 MW output rating per turbine) prove the scheduling know-how and the production capability of the company.
2008 Caused by increased raw material and energy prices, the demand for hydro power plants reasonably rises up. In May 2008, the order backlog is more than 30 Million Euros and the factory workload until early 2010 is ensured. For the first time, some orders are booked by competitors due to long lead-time.

The extension phase

2008 The Wasserkraft Volk AG again reasonably increased output and profit and so far records the up to that date most successful business year. Output increased by more than 50%, profit was doubled.
2009 WKV increases the production capability by 600 m² in a first stage of construction. Also the enlarged office building is finished in 2009. Directorate and board of management decide, based on delivery shortage, to start an own alternator production and to again increase the production capabilities. Financing is done by another capital increase. Decision to start the new building of the WKV "Energy Factory" for manufacturing own synchronous alternators on approximately 5,000 m² shop floor is taken.
2010 The first factory specialized in hydro power and other special alternators in Germany is finished. This is the basis for WKV AG as the one and only company worldwide to supply complete hydro power plants including the alternators from one factory. Furthermore, special synchronous machines within the range of 1,000 - 30,000 kVA can be provided to worldwide customers and for every possible application.
2012 After long negotiations with the city authorities, WKV gets the building licence for an increased steelwork hall, compared to the first planning. The production is booked until late 2013. The WKV AG again notes a record result in factory output. Because of bottle necks in manufacturing, management and board of directors decide about the increasing of production facilities.
2013 The new steelwork hall with defined welding workplaces and sand-blasting workshop is taken into operation and allows optimized work processing.

And we still proceed building …