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ABB invests in tidal energy company

Em News Bureau ,  Tuesday, April 23, 2013, 11:33 Hrs  [IST]

TidalABB has led a $12 million investment in Scotrenewables Tidal Power, a provider of tidal turbine systems, to support the rollout of a new hydrokinetic device and to expand ABB's renewable energy assets. The funding is being used specifically to roll out a larger and more advanced tidal energy conversion system known as the SR2000. The floating 2-mw turbine includes a number of innovations to deliver simplicity, low mass, rapid connection-disconnection and heightened survivability.
 
                 
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