Top news, August 1 – 7, 2016
- Business & Finance
Tidal Energy Today has compiled the top news from tidal and wave energy industry from August 1 – 7, 2016.
The Kornwerderzand tidal energy project has received a €5.6 million grant for the installation of 18 tidal energy turbines at the sluice gates on the Afsluitdijk dam. Each of the six arrays will be comprised of three T1 tidal turbines from the Dutch tidal turbine manufacturer Tocardo, with the total capacity of 1.8MW.
Cape Sharp Tidal project in the Bay of Fundy has faced another setback with the identification of a malfunctioning part on OpenHydro’s tidal turbines. The issue with metal properties of a fastening component in the turbines was traced back to the supplier, and the decision has been made to replace the faulty components.
Oceantec wave energy converter, designed by Oceantec Energías Marinas, as part of the EU-funded OPERA (Open Sea Wave Operating Experience to Reduce Energy Cost) project is planned to be deployed and grid connected in September. This first deployment is nationally-funded and facilitates the provision of baseline experimental data to be used in OPERA.
Israel-based wave energy developer WERPO has agreed to sell its building, patent, and intellectual property (IP) rights to Shahar Energy in exchange for a share in profits from the yet to be constructed projects. BBRD forecasts that Shahar will be able to build power stations that will generate revenues of $2 billion over the next decade.
Two deep-water berths for wave energy device testing have been opened at the US Navy’s Wave Energy Test Site (WETS) off Hawaii. WETS site now consists of three operational grid-connected wave energy testing berths located in Kaneohe Bay, on the island of Oahu.
Tidal Energy Today