Top news, April 17 – 23, 2017

  • Business & Finance

Tidal Energy Today has compiled the top news from tidal and wave energy industry from April 17 – 23, 2017.

Minesto lands consent for Holyhead Deep tidal installation

Natural Resources Wales has awarded a marine license to Minesto for the installation and operation of a 500kW Deep Green tidal power plant off the coast of Anglesey in Wales. It will feature a single Deep Green tidal device, seabed foundation and a buoy moored at surface. Minesto plans to start with the installation of the power plant later this year.

Norway approves construction of 350kW tidal power plant

Norwegian Water Resources and Energy Directorate (NVE) has granted a license to Norwegian Ocean Power for the construction and operation of a 350kW tidal demonstration plant. The power plant will be located north of the Arctic Circle in Gimsøystraumen, Norway. It will feature a horizontal-axis spiral-design tidal turbine, which will be installed at the water depth of around 15 meters.

Macquarie eyes a stake in Swansea Bay tidal lagoon scheme

Macquarie Group is reportedly looking to take an equity stake in the Swansea Bay tidal lagoon project following the acquisition of UK Green Investment Bank, as it believes in the proposed technology for the scheme, said Mark Dooley, Macquarie Capital Head of Infrastructure, Utilities and Renewables in Europe.

EC-OG turns on subsea power hybrid in Orkney

Aberdeen-based engineering company EC-OG has installed and switched on its Subsea Power Hub (SPH) system at the European Marine Energy Centre (EMEC) in Orkney. As a next step, EC-OG plans to leave the SPH running 100% autonomously with wireless data monitoring over the summer months.

Nova Scotia funds tidal monitoring projects

Two collaborative research projects have received funding to develop new environmental monitoring technologies for tidal energy applications. The project winners are Open Seas Instrumentation, and JASCO Applied Sciences. The research results are expected to lead to greater understanding of the complex relationships between tidal energy development and the biological and physical ocean environment.

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