Nautricity, Fundy Tidal teaming up for Nova Scotia ocean energy project

Bay of Fundy Map

Ocean energy developers Nautricity Ltd. and Fundy Tidal Inc. have signed a memorandum of understanding to construct a 500 kW tidal power project in Nova Scotia's Petit Passage.

The site will be powered by a Nautricity-manufactured Contra Rotating Marine Turbine (CoRMaT), which, the companies said, will be deployed in Summer 2015.

CoRMaT units are currently being tested at Scotland's European Marine Energy Centre (EMEC), which offers flows similar to those in the Petit Passage, Glasgow-based Nautricity said.

"The opportunity for tidal development around the world is immense, and Scotland and Nova Scotia have some of the best resources and best developed regulatory regimes anywhere," Nautricity CEO Cameron Johnstone said.

The agreement also provides for "collaboration on a wide range of issues", including grid connection and storage, along with research and development initiatives at Scottish and Nova Scotian universities.

"Scotland is a world leader in the developing market in wave and tidal stream energy," Scottish Minister of Energy Fergus Ewing said. "We are fortunate to have home-grown technologies and resources, and this is the type of cooperation and collaboration that is needed to drive the tidal stream industry forward globally."

Based in Nova Scotia, Fundy Tidal is a community-based developer that holds approvals for up to 3 MW of tidal community feed-in (COMFIT) projects in Digby County.

"We have been in discussions with Nautricity for a couple of years and are most pleased that both our companies have evolved to the stage where we are now formerly working together in the delivery of the Petit Passage project," Fundy Tidal president Vince Stuart said. "This partnership is a concrete example of the desire of both the Scottish and Nova Scotia governments and industry to foster collaboration on marine energy developments."

Petit Passage is located near the southern end of the Bay of Fundy, which has been a hotbed for marine and hydrokinetic development in recent months.

For more marine and hydrokinetics (MHK) news, visit here.

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