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12 Jan 2009 05:01:39

Tidal stream contract awarded

Tidal stream contract awarded
Renewable firm Aquamarine Power has handed a £2 million contract for work on its tidal stream device to ABB.

The Edinburgh-based firm awarded the contract for the design and construction of the electrical generating system for its 2.4 megawatt Neptune device to the Swiss firm.

Aquamarine chief executive Martin McAdam, said: "With 20 years' experience in the wind-power sector, ABB is the right company to deliver our first tidal-power generating system."

ABB will also install and commission the system it is designing at the European Marine Energy Centre in Orkney.

Aquamarine, funded by Allan Thomson and Professor Trevor Whittaker in 2005, is among the companies hoping to win the £10 million Saltire Prize offered by the Scottish government for developers of wave or tidal power technology.

The winning project will have to generate 100 gigawatt hours of electricity over a continuous two-year period.

It is part of the government's plan to turn the country into the world's ocean energy hub.



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