Posts

Oosterschelde Tidal Powerplant resumed full continuous operations again

/in , /by

After the announcement of the acquisition of the Tocardo OTP project in October 2020, we have worked hard to complete the commissioning- and testing phase of this unique project. On Monday 1st February the Oosterschelde Tidal Powerplant, made up of a platform of 5 x T-2, 250kW Tocardo tidal turbines, resumed full continuous operations again. This impressive and iconic Netherlands infrastructure project clearly demonstrates the global potential of energy from water in harmony with the environment.

Macquarie Group, GIG, recently showcased the OTP dam project and its global potential at the Climate Adaption Summit 2021. To see this hard work and project get such recognition makes us all very proud. This Dutch ‘Energy from Water’ initiative is a great example for the future. It showcases an energy solution that integrates nature and has an ability to simply scale up. There are some 400 global tidal deltas at risk of flooding that could benefit from such infrastructure and climate adaptation solutions.

For our clients we apply the learnings that we gain – tide after tide – from our showcase project at the Dutch icon the Eastern Scheldt storm barrier. We have seen the impact our technology and commitment has, and we believe that – working in partnership with QED Naval & HydroWing – we can and will change the world for the better.

e-pitch event 21-01-2021

Electrification in a Decarbonised World – e-pitch event

/in /by

E-pitch event

January 21st Tocardo was one of the invitees to pitch the company at the Solar Impulse Foundation e-pitch event on Electrification in a Decarbonised World, organized by the Solar Impulse Foundation in partnership with Schneider Electric. The event was watched by a large group of representatives from the business community and financiers. The organisation reported a traction on this session of 90 unique attendees.

How tidal power generation contributes to the electrification in a decarbonised world

Tidal energy is the answer for the increasing volatility in our energy system. Solar and wind power are the drivers for the current unpredictable energy system. On the other hand the extreme predictability of the tides results in an endless source of predictable renewable power generation. The driver for tidal stream power generation is combatting climate change by reducing the CO2 emissions with a 100% renewable, 100% reliable and 100% predictable energy source. Because of the geographical limitations and specific local characteristics for successful tidal power (micro)plants the highest value can be generated on specific locations for specific type of customers. Tidal stream power is the missing renewable energy source to create a local balanced power generation mix.

About the Solar Impulse Foundation

In July 2020 Tocardo’s turbine technology has received the Solar Impulse Label. The Solar Impulse Foundation aims to help the cleantech innovators behind the efficient solutions in order to accelerate their companies’ success. Once their solutions are labelled, the Foundation provides them support on six specific levels. That is, by giving them better access to the market, more appeal to investors, support in their advocacy work, feedback from industry experts, more credibility and greater visibility.

For investors

For investors who did not attend the event and who are also interested in our pitch and value proposition please contact us directly.