Top news, July 24 – 30, 2017
- Business & Finance
Tidal Energy Today has compiled the top news from tidal and wave energy industry from July 24 – 30, 2017.
Queen’s University Belfast has secured over €9.3 million to create a ‘virtual center of competence’ that will support cross-border research into wave and tidal energy in UK and Ireland. The research will focus on the use of tidal power at Strangford Lough and the North Antrim Coast in Northern Ireland, ocean energy sites in Western Scotland, as well as the potential for wave and tidal power generation in Donegal in Ireland.
Black Rock Tidal Power (BRTP), a Schottel Hydro company, has pushed back the deployment of its Triton tidal energy platform in the Bay of Fundy for another year.The decision to hold up the installation of semi-submersible Triton platform comes amid the comprehensive design review of the platform which is expected to be completed by the end of this summer.
The Edinburgh-based tidal energy developer Atlantis Resources has closed the fully subscribed ocean energy bond offer raising the target amount of £5 million less than one month after its launch. The proceedings are expected to be used for the growth of the business, to repay some more expensive debt, and to provide general working capital for the company.
IHI Corporation and New Energy and Industrial Technology Development Organization (NEDO) have built a 100kW tidal device that will be deployed for real-sea trials next month to verify its power generation and control system. The testing site is located 5 km off the coast of Kuchinoshima island, in Japan’s Kagoshima Prefecture.
Belgian authorities have issued an approval to German wave energy developer NEMOS to construct the full-scale wave energy plant off Ostend in the North Sea. The approval covers the construction of the shaft power station with its tower structure, as well as the license for the planned research activities over three years.
Tidal Energy Today