• Connect With Us:
  • Tocardo, Climex make tidal energy distribution deal

    Tocardo Tidal Turbine

    Renewable power trader Climex has agreed to sell marine energy generated by Tocardo Tidal Turbines through its green energy trading platforms.

    The arrangement will see Climex sell Tocardo-produced energy, allowing "businesses and other large-scale electricity users to add tidal energy to their renewable energy mix," the Dutch company said.

    "Our agreement with Climex will make tidal energy readily available to corporations and government agencies at competitive prices," Tocardo CEO Hans van Breugel said. "This is an important step in Tocardo's efforts to create a well-functioning market for tidal energy, which can provide 10% to 20% of the world's demand for electricity."

    Climex, which specializes in the trade of demonstrably green energy, said the addition of Tocardo significantly enhances its offerings.

    "The agreement with Tocardo fits our strategy to provide renewable energy sources to high energy users in a transparent and reliable way," Climex general manager Jeroen van de Kletersteeg said.

    HydroWorld.com reported in January that Tocardo had signed a deal with oil and gas conglomerate Repsol to further offshore tidal development.

    The company has also been working to provide turbines for hydrokinetic projects in Nepal and Japan.

    For more ocean, tidal and stream power news, visit here.

    Hydro Industry Financials

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    Waveberg Development Ltd

    Wave energy converter under development. Requir...

    Continuing Education

    Professional Development Hours
    To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

    12/01/2013
    Volume 32, Issue 10
    file
    01/01/2014
    Volume 22, Issue 1
    1401hrw-cvr

    Archived Articles

    2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
    Hydro Review Past Issues

    Premium Content AD Promo Space