Energy & PowerAug 11, 2026

Andritz Hydro Hammerfest

Company Profile Analysis

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Andritz Hydro Hammerfest - Energy & Power showcase

Year Founded & Workforce

1996-12-31

20 Employees

Industry

Energy & Power

Services

Andritz Hydro Hammerfest Overview

Company Headquarters: Glasgow, UK

Founded: 1997

Workforce: ~20

Company Working: Andritz Hydro Hammerfest is engaged in manufacturing turnkey tidal power arrays for the global market. It operates through two segments, which are products and services. The company offers tidal turbines under its products segment. Under its services segment, it also offers various services such as feasibility assessment, engineering, designing, manufacturing, commissioning, service, and maintenance. Its manufacturing unit is located in Glasgow.

Andritz Group (Austria) and Iberdrola (Spain) are shareholders in the company and have extended substantial assistance to the company for developing tidal energy harvesting systems.

Strategy

Andritz Hydro Hammerfest focuses on organic growth by constantly investing in R&D for its tidal energy products. The ocean surrounding the UK witnesses strong tides throughout the year, which is why it primarily focuses on increasing its market share in the region. The company constantly seeks opportunities to collaborate with key players in the global wave and tidal market, which helps it enhancing the efficiency of its products

Company Snapshot

Employees

1996-12-31

Founded

Glasgow, UK

Headquarters

SWOT Analysis

Strengths

Financially backed by strong international players
Strong R&D team

Weaknesses

Slow product development process

Opportunities

Increase in demand for power generation equipment in Western Europe

Threats

Corrosion of turbines

Key Developments

Date	Approach	Development
January 2017	Contract	Andritz Hydro Hammerfest completed the installation of three turbines in the ARL MeyGen project. This has increased its global market share

Product Offering

Andritz Hydro Hammerfest
- Tidal Energy

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Andritz Hydro Hammerfest as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Andritz Hydro Hammerfest

Company Headquarters: Glasgow, UK Founded: 1997 Workforce: ~20 Company Working: Andritz Hydro Hammerfest is engaged in manufacturing turnkey tidal power arrays for the global market. It operates through two segments, which are products and services. The company offers tidal turbines under its products segment. Under its services segment, it also offers various services such as feasibility assessment, engineering, designing, manufacturing, commissioning, service, and maintenance. Its manufacturing unit is located in Glasgow. Andritz Group (Austria) and Iberdrola (Spain) are shareholders in the company and have extended substantial assistance to the company for developing tidal energy harvesting systems.

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