PHOTO: OCEAN ENERGY EUROPE
Kawasaki Kisen Kaisha (K Line) and Chubu Electric Power Co. are investing in a Canadian project focused on tidal energy. The Maritime Executive reported on August 4 that the project, to be based in Nova Scotia, represents the first time a Japanese company will have invested in a tidal energy project abroad.
Called Uisce Tapa (Gaelic for fast water), the project is being developed by the Irish renewable energy company DP Energy. The first turbine is scheduled to be installed in 2023.