Sign up for free to get the latest from greenbang direct to your inbox
 
Home | Research Store | Work With Us | Events | Insight | Press | About | Newsletter | Contact

Evopod tidal energy converter gets investment boost

Published Tuesday, 9th December 2008

UK marine energy company Aquamarine Power has made a “significant investment” in Ocean Flow Energy to help commercialise and launch a full scale version of the Evopod semi-submersible electricity generator.

Ocean Flow Energy’s Evopod’s patented low motion hull makes it suitable for generating electricity in exposed, deep water sites and harsh environments such as the Pentland Firth and Aquamarine Power said the technology could be used to mount its own Neptune tidal stream energy converters.

A 1/10th scale prototype of the Evopod device has been deployed at Portaferry, Strangford Narrows, Northern Ireland (pictured).

Ocean Flow Energy’s MD, Graeme Mackie, said:

“We have made significant progress with the device to date, taking it out of the tank and into real tidal flow conditions at Strangford. Together with Aquamarine Power we are looking forward to launching a second, full scale device at sea.”

Martin McAdam, CEO of Aquamarine Power, added:

“We are very enthusiastic about the new partnership with Ocean Flow Energy and are delighted to be working with the team. It is an important step toward accessing the full range of tidal stream energy out there. With more than 50% of the UK’s tidal resource located in waters greater than 40 metres deep, the market demand for Evopod is expected to be very strong and Aquamarine Power will be taking full advantage of that.”

No details were disclosed about the level of investment by Aquamarine Power.

Bookmark and share:
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • Facebook
  • Reddit
  • StumbleUpon
  • Digg
  • Slashdot
  • del.icio.us
  • email
  • Print
  • PDF




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.












RELATED NEWS

Latest Insight

Newest electric cars make hybrids green with envy thumbnail

Newest electric cars make hybrids green with envy

It’s a good sign when cars once considered among the “greenest” around find
Does energy efficiency matter? thumbnail

Does energy efficiency matter?

Just days on the job, Britain’s new Energy and Climate Change Secretary Edward
Heat dials up on smart-thermostat wars thumbnail

Heat dials up on smart-thermostat wars

Transform boring, old technology into something with next-generation smarts and huge market potential,

LATEST REPORTS
1

Who’s the leading smart-city brand?

More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
more info
2

Managing the smart-grid data overload

Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
more info
3

Incentives fire up UK solar market

The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
more info