Nova Innovation Ltd. deployed the U.K.’s first grid-connected tidal energy project in the Scottish islands.
The Edinburgh, Scotland-based tidal developer installed the second turbine in a series of three off the coast of in northeast Scotland. Each has a capacity of 100 kilowatts.
The company is working with Belgium’s ELSA SA, which owns the project through Shetland Green Electricity Ltd., a subsidiary. The total cost of the project is 3.7 million pounds ($4.8 million). Half of the funding was from private investment, 1.2 million pounds from a grant, and 700,000 pounds was covered by a loan, according to Nova Innovation.
Marine energy is still at early stages. There are several projects under works in the U.K.’s Swansea Bay that are being developed by Tidal Lagoon Power Ltd. It’s planning to have an installed capacity of 320 megawatts once commissioned.
Electricite de France SA operates the 240-megawatt Rance tidal power station in northwestern France that has been generating power since 1966. The utility also installed a megawatt-sized tidal farm off the coast of Brittany in January.