Funding pulled from its Dublin-based OpenHydro, the key backer of the province’s Cape Sharp Tidal.
An OREA project will fill tidal energy knowledge gaps and look at issues related to conversion technologies.
Grid connected 4-megawatt tidal array will be launched in the Bay of Fundy in 2015.
Two new players join the Fundy Force.
Nova Scotia has set a target to replace 10% of the province’s current power supply with tidal energy over the next decade to reduce fossil fuel consumption.