Scottish renewable energy company Nautricity is set to partner a Canadian counterpart to develop a 500kW tidal project in Nova Scotia.
As part of a memorandum of understanding (MOU) with Fundy Tidal, the Glasgow firm will deploy its Contra Rotating Marine Turbine (CoRMaT) device and its patented HydroBuoy mooring system in Petit Passage, in the Bay of Fundy, by late summer 2015.
More devices are expected to be added to the project at a later date.
The MOU also sets out partnership in grid connection and storage, as well as participation in research and development initiatives at universities in Scotland and Nova Scotia.
“We are delighted with the opportunity to partner with Fundy Tidal on the delivery of this important project,” said Cameron Johnstone, chief executive of Nautricity.
“This is a great platform to demonstrate how new approaches to the development of tidal energy projects can deliver benefit to both Nova Scotia and Scottish companies.
“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 received consent to deploy the CoRMaT device in waters off the Mull of Kintyre in May this year as only the fourth firm to be granted full permission to position tidal devices in Scottish waters.