Atlantis Joins RusHydro on Australian Tidal Power Plan
Posted by Big Gav in atlantis, australia, ocean energy, renewable energy, tidal power
Bloomberg has a report on continuing interest in developing tidal power projects in Western Australia - Atlantis Joins RusHydro on Australian Tidal Power Plan.
Atlantis Resources Corp., a Morgan Stanley-backed maker of tidal turbines, and a unit of Russia’s RusHydro JSC will work together to develop tidal power plants in Australia.Under the agreement, the companies will identify potential sites in Western Australia to build facilities that will use RusHydro’s tidal range “orthogonal” turbines, Singapore-based Atlantis said today in an e-mailed statement. Atlantis will this year apply for funding for the project to the Clean Energy Finance Corporation in Australia.
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