The tidal power projects are slowly loosing momentum and are gradually on the decline. The recent shift in the policy announcement in the UK frightens the future of tidal power and leaves them without assistance.
A recent survey of US green industry leaders was conducted by law firm Cooley LLP. The subject of the survey was to gather and analyse the varied perspectives and opinions on the Chinese presence in the international market.
Nova Scotia is another step closer to cementing its reputation as the leading tidal energy site in the world. The government of Canada is contributing $20 million for the Fundy Ocean Research Centre for Energy (FORCE) tidal project in the Bay of Fundy, home of the highest tides in the world.
David Kappos, the Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO) said that the deadline for filing petitions under the Green Technology Pilot Program has been extended from December 8, 2010 to December 31, 2011.
Deutsche Bank takes clean tech seriously. A fact that was driven home by the appointment of Adam Bergman as a director in the firm’s global clean technology corporate coverage group.
OnGreen, a web-based ‘green and clean’ market place, has announced a $1.4 million investment in raised from a fund that is jointly owned by Blue Marble Ventures in Los Angeles and China Southern Hong Kong Investment Ltd in Shanghai.
Ocean Power Technologies, a New Jersey-based wave power developer, has partnered with Lockheed for developing a wave power project, either in Oregon or in California.
MeyGen, a tidal energy syndicate consisting of International Power, Morgan Stanley, and Atlantis Resources, has entered into a deal with UK-based Crown Estate to construct a tidal power project with a capacity of 400 MW, in the Inner Sound in Pentland Firth of Scotland.
Third quarter investments in cleantech venture capital funding in 2010 have suffered as per a report from Ernst & Young and Dow Jones VentureSource.
The Snohomish PUD (Public Utility District) has received a $10-million funding from the DOE (Department of Energy) towards a tidal energy generation project.
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