By Anna Hirtenstein (Bloomberg) -- A British developer is bidding to build power turbines under the sea in Scotland in a contest for government contracts that started Monday, aiming to prove for the first time that its technology is commercially viable. Atlantis Resources Ltd. is among the companies vying for 290 million pounds ($363 million) of … [Read more...]
Tidal Power Developers Bet on Sea Change in Indonesia Renewables Sector
By Fergus Jensen and Wilda Asmarini JAKARTA, Nov 20 (Reuters) - A well-connected Indonesian marine renewable energy company and OpenHydro, a unit of French state-owned naval defence company DCNS, aim to be the first to plug into the vast untapped tidal energy potential of the world's biggest archipelago. Renewables have so far played little part in Indonesia's power … [Read more...]
SPOTD: A Creative Spark Moored At Sea
Today'eo Ship Photo Of The Day (SPOTD) features the BlueTEC Texel tidal energy platform. Taking just six months from the drawing board to realisation, the BlueTEC Texel tidal energy platform was installed in the summer of 2015 and is operating off the island of Texel in the Netherlands. The prototype is producing electricity from the tides into the local grid. BlueTEC … [Read more...]
Siemens Sells Tidal Energy Unit After Losing Faith in Sector
By Louise Downing (Bloomberg) -- Siemens AG sold its tidal-power unit to Atlantis Resources Ltd. after losing faith in an industry it said was taking too long to grow. Turbine maker Atlantis takes ownership of the unit’s six projects, the Singapore-based company said Wednesday in an e- mailed statement, without disclosing financial terms. Siemens acquires a 10 percent … [Read more...]
America’s First Ocean Energy Project Now Online
The United States' first grid-connected tidal power project is now online and delivering electricity to the grid from an underwater power system in Cobscook Bay, Maine, the U.S. Department of Energy said this week. Bangor Hydro Electric Company verified that on September 13 electricity generated by an underwater turbine generator started flowing to their power grid from … [Read more...]