Tocardo Tidal Turbines forms agreement with South Korea’s Ekornergy

The tidal turbines will be installed in the coastal waters of the Mokpo Jeonnam region. The Mokpo Jeonnam region has one of the strongest tidal streams on the planet, with bi-directional tidal speeds of up to 4 meters per second. Electricity generated will be fed into South Korea’s national grid.

“This is a major step towards accelerating Tocardo’s expansion into large-scale tidal energy projects across the globe,” said Hans van Breugel, CEO of Tocardo. “We’re looking forward to working with Ekornergy and other Korean partners to seize this opportunity to supply the Korean grid with significant amounts of clean and reliable energy, helping reduce the country’s carbon emissions.”

Manufacturing of the first 15 T2 kW Tocardo turbines is expected to start in late 2015 as part of a 3 MW demonstration project. In 2016, Tocardo expects to start producing its bigger T3 turbines, which are to be installed in a commercial tidal array with a total capacity of 25MW.