Tocardo and Ekornergy agree to develop 28MW tidal energy supply in Mokpo Jeonnam, South Korea
Tocardo Tidal Turbines, producer of tidal and free-flow water turbines, has reached an agreement with Ekornergy, the South Korean energy company, to install tidal turbines with a total capacity of 28MW.
The units will be installed in the coastal waters of the Mokpo Jeonnam region.
Commercial director Paul Morris (right) of Tocardo and Hee Jin Eun (left) of Ekornergy signed a memorandum of understanding on the projects on 4 November during a ceremony in Seoul. The signing was attended by Dutch minister of economic affairs Henk Kamp (middle).
Also present were King Willem-Alexander and Queen Máxima of the Netherlands, who were paying a state visit to Korea.
Strongest tidal streams in the world
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", says Hans van Breugel, CEO 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.”
Bigger T3 turbines
Tocardo expects to manufacture its first 15 T2 kW Tocardo turbines in late 2015 as part of a 3 MW demonstration project.
In 2016 its expects to start producing its bigger T3 turbines, which are to be installed in a commercial tidal array with a total capacity of 25MW.
Tocardo is a Dutch company dedicated to delivering the best and most economical turbines to harvest energy from the world’s oceans and rivers.
The Tocardo free-flow in-stream hydro turbines can be compared to ´underwater wind turbines´: free-standing underwater units, generating energy from sea currents and tidal and river flows.
This news item was originally published on the website of Tocardo.
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● Tocardo puts three additional turbines in array at Tidal test facility Afsluitdijk, the Netherlands, 29 July 2013
● Tocardo signs agreement with Climax to sell green energy generated by its tidal turbines, 28 May 2013
● Tocardo and Glow Tech will produce water turbines for Nepal rivers locally, 22 August 2012
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