Energy

Britain’s tidal power sector gears up for big few years

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Tidal turbine from Nova Innovation onshore prior to installation.

Nova Innovation

Britain’s emerging tidal power sector took a number of steps forward this week, with companies and projects announcing new developments in their plans to roll out projects and technology.

On Thursday, Scottish firm Nova Innovation said it had secured 2.5 million euros ($2.83 million) from the European Innovation Council Accelerator Fund to finance its Upscaling Tidal Energy Manufacturing and Production Output project.

The UpTEMPO project is centered around the design, manufacture and demonstration of an “enhanced version” of the company’s 100 kilowatt tidal turbine.

In an announcement, the firm said the 200…



Source cnbc.com

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