Post by soumyasarkar59 on Feb 17, 2024 6:21:59 GMT -5
Nova Innovation receives financing to increase the production of tidal turbines Nova Innovation receives financing to increase the production of tidal turbines. Tidal energy company Nova Innovation has received £2 million ($2.78 million) in funding from the Scottish Government to boost tidal turbine manufacturing globally. The funding will be used to support Nova's VOLT project, which will develop the first European assembly line to mass-produce tidal turbines and test innovative techniques and tools to ship, deploy and monitor turbines around the world, challenging the climate emergency. . The project will also study how to improve turbine performance, logistics for mass manufacturing and develop new techniques to ensure cost-effective delivery of tidal turbines. Additionally, VOLT will deliver an adaptable Remote Observing Platform (ROP) for rapid environmental monitoring of tidal energy sites.
Nova Innovation receives financing to increase the production of tidal turbines The scale of technologies and systems that are implemented can be significant. Tidal energy costs are falling rapidly as the sector grows. It offers a competitive alternative to diesel generation in many markets and will be cheaper than nuclear by 2030. Nova Innovation turbines, for example, have been successfully powering the Cell Phone Number List Shetland grid for over five years and will soon be deployed across North America and mainland Europe. When the tip of its blades is vertical, the height from its base reaches just under 14 meters. By delivering VOLT, Nova will demonstrate what is required to efficiently scale up production of tidal energy devices around the world. Nova Innovation receives financing to increase the production of tidal turbines News of tidal power scaling up in Scotland comes just over a week after another company, Orbital Marine Power, said its O2 turbine had begun grid-connected power generation at the European Energy Centre.
Marina in Orkney, another archipelago north of mainland Scotland. The 2MW O2 floating turbine has been called “the most powerful tidal turbine in the world” weighing 680 tonnes and is 74 meters long. “ With our abundant natural resources and expertise, Scotland is ideally placed to tap into the huge global marine energy market while helping to achieve an ecologically cleaner economy, both here and around the world. That is why we are determined to help the sector grow and develop,” said Michael Matheson, Cabinet Secretary for Net Zero in the Scottish Government. “The VOLT project marks an important milestone in the commercialization of the sector, and I look forward to Nova Innovation capitalizing on this funding to drive what is an incredibly exciting opportunity to advance the potential of tidal energy.