Nautricity, the Scottish renewable energy company, is to partner Canadian counterpart Fundy Tidal to develop a 500kW commercial tidal project in Nova Scotia.
The Glasgow-based company will deploy its Contra Rotating Marine Turbine (CoRMaT) device, capable of generating enough electricity to supply 400 homes, and its patented HydroBuoy mooring system in Petit Passage, a tidal channel that flows between Long Island and Digby Neck in the Bay of Fundy.
As part of a memorandum-of-understanding (MOU) signed by both companies, it is expected that the device will be deployed in late summer of 2015.
The MOU also provides for collaboration on a wide range of issues including grid connection and storage, as well as participation in research and development initiatives at universities in Scotland and Nova Scotia.
It is anticipated that further devices may be added at a later date to the community feed-in tariff tidal project in Petit Passage.