Tocardo will deploy four 250kW-rated T2 bi-directional turbines in the Minas Passage in late 2017. The turbines will be attached to Tocardo's patented semi-submersible Universal Floating Platform Structure to form a 1MW system held in place by catenary mooring systems.
Minas Energy has entered into a partnership with International Marine Energy Inc (IME) and Tocardo. The new collaboration, Minas Tidal Limited Partnership (MTLP or Minas Tidal), intends to test Netherland-based Tocardo technology at the Fundy Ocean Resource Centre for Energy (FORCE) in the Minas Passage. In-water testing is anticipated in late 2017.
"We are looking forward to demonstrating Tocardo's capabilities in North America and hope to make Nova Scotia the centre of our future manufacturing operations" said Hans Van Breugel, President of Tocardo.
"Minas Tidal presents a unique opportunity for our groups to work together, combining our respective expertise to build a Nova Scotian project development team, which will allow us to contribute to the development of Nova Scotia's considerable tidal energy potential" said Jane Lowrie, Chief Financial Officer of IME.
Minas Tidal has commenced discussions with local supply chain companies including fabricators, marine contractors, system integrators, engineers and scientists early this fall. The partnership will also undertake comprehensive stakeholder consultation with First Nations, the fisheries industry, regulators, and communities and complete all regulatory requirements prior to testing.
"The renewable energy potential in the Bay of Fundy tides is attracting world-wide attention and respected international players like Tocardo and IME," said Michel Samson, Minister of Energy. "The involvement of companies of this calibre, and the ability to test the different technologies they bring to the table here, will help Nova Scotia become a global leader in tidal energy and continue to build our economy."
Minas Energy's leasehold rights to the berth site at FORCE, along with a 4 megawatt power purchase agreement (awarded in December 2014) will be transferred to Minas Tidal, the new Nova Scotia-based development entity.
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