Renewable Tidal Energy News

A third Nova Scotian company has secured a multimillion dollar contract with the Cape Sharp Tidal project, which has potential to be the first grid-connected tidal array in the world. Hawboldt Industries of Chester, Nova Scotia has been awarded a $4.7-million contract for the design and manufacturing of three heavy lift winches to be used on the OpenHydro deployment and recovery barge. Cape Sharp Tidal is a partnership between OpenHydro – a DCNS company – and Emera Inc. to develop a tidal industry in Nova Scotia. “We’re pleased to award another contract to a Nova Scotia company after a competitive tender,” said James Ives, OpenHydro Chief Executive.

Nordic marine energy technology company Minesto has developed a simulator to aid the development of its Deep Green marine power plant. According to Minestro, Deep Green is the only marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents. The simulator has been developed in-house by Minesto’s own research and development department, and is in essence based on two existing open source programs: one for commercial flight simulation and one for marine vehicle simulation.