Naval Energies Shelves Tidal Energy Plans with OpenHydro in Liquidation

Naval Energies has decided to stop investing in the field of tidal turbines and to concentrate its efforts on floating wind turbines and ocean thermal energy conversion. Following Naval Energies’ decision, its Dublin-based subsidiary¬†OpenHydro has been put under provisional liquidation. On 24 July, the company deployed a new tidal turbine in Canada and connected it … Continue reading Naval Energies Shelves Tidal Energy Plans with OpenHydro in Liquidation