Hydropower is the backbone of Europe’s renewable electricity system. Already established in Europe, there is room for the hydropower market to flourish in other parts of the world. EU-funded HYPOSO project aims at supporting the European hydropower industry while fostering a sustainable development in selected target countries in Africa and Latin America, namely Bolivia, Colombia, Ecuador, Cameroon and Uganda. The HYPOSO objectives will be achieved by a combination of tools, i.e. thorough market analyses, looking into unused hydropower potentials (in a GIS Map), political and legislative frameworks, financing hydropower in a smart way, capacity building, replicable business case studies and by bringing together representatives of the European hydropower industry and their counterparts and politicians from these five countries.