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OpenHydro rescue bid launched by minority shareholders to keep company alive

by admin | Aug 17, 2018 | Blog, court, Electricity Grid, Emera, Energy Innovation, OpenHydro, Renewable Energy, Tidal Power

In the Irish High Court today, Ms. Justice Miriam O’Regan heard there’s a chance Irish based OpenHydro can survive, with a restructuring plan and new investment, according to an independent report. That’s why, on August 17, even though she noted the...

Emera Announces withdrawal from Cape Sharp Tidal venture

by admin | Aug 13, 2018 | Blog, Energy Innovation, Tidal Power

In a statement earlier today, Halifax Headquartered Emera, announced it’s intention to pull their involvement in Cape Sharp Tidal. Cape Sharp is a joint venture with Irish based OpenHydro, the 80% partner, that is now in the process of being liquidated, because...

Emera’s partnership in Cape Sharp Tidal – Future In Question :The French Connection

by admin | Jul 27, 2018 | Blog, Electricity Grid, Energy Innovation, Renewable Energy, Tidal Power

  The tide turned on OpenHydro, the first company to launch a turbine in the Minas Passage in Nova Scotia’s Bay of Fundy. (The first attempt was in 2009 when OpenHydro partnered with Nova Scotia Power deploying a smaller open centre turbine). The high cost...
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Recent Posts

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  • OpenHydro : Component failure means rotor not turning

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