AAA February 2011 – Page 11

DCNS takes 8% of Openhydro

France-based naval submarine and nuclear technology group DCNS has invested €14m ($19m) for 8% of Ireland-based tidal energy developer Openhydro. During the past year the two companies worked together to install four turbines off the French coast and create the world’s first grid-connected tidal farm for local utility Électricité de France (EDF). Frédéric Le Lidec,… Continue reading DCNS takes 8% of Openhydro