The Natural Resources Canada (NRCan) has agreed to provide a grant to Irish developer DP Energy for the development of 9MW tidal energy project in Nova Scotia.
The C$29.7m ($22.9m) grant has been awarded under the emerging renewable power programme (ERPP), which aims to expand renewable energy sources available to provinces as they work to reduce GHG emissions from their electricity sectors.
The ERPP is administered by NRCAN and also supports the nation’s commitments made under the Pan Canadian Framework on Climate Change.
The funding will initiate the next round of tidal energy development at the FORCE facility in the Bay of Fundy Nova Scotia.
DP Energy is currently managing two berths in the Bay of Fundy through its Canadian company, Halagonia Tidal Energy.
The company intends to develop both berths together as a single project under the banner Uisce Tapa.
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By GlobalDataDP Energy CEO Simon De Pietro said: “In 2008 DP Energy added Ocean Energy to its Wind and Solar Energy projects and has been actively involved in the marine energy sector, developing projects in the UK, Northern Ireland and Canada since then.
“Uisce Tapa represents an opportunity to realise a project of meaningful scale in one of the most energetic tidal sites in the world. The Nova Scotia Department of Energy and FORCE (Fundy Ocean Research Center for Energy) have been driving the development of tidal energy in the province.
“The establishment of the FORCE facility and provision of an enabling Feed-In Tariff have contributed greatly to bringing us to this important milestone.”
The project will incorporate five Andritz Hydro Mk1 1.5MW sea-bed mounted tidal turbines and a single SR2-2000 floating turbine by Scotrenewables Tidal Power.