Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Scottish tidal firm merges with German collaborator

SME PLAT-I tidal turbine
SME PLAT-I tidal turbine

A Scottish-headquartered tidal firm has announced that it will merge with a German collaborator as it looks to grow the business.

Sustainable Marine Energy (SME) and German tidal turbine developer Schottel Hydro are to unite under one banner as SME.

SME revealed it has come together to develop and demonstrate the PLAT-I floating tidal energy system, with deployments planned in Scotland and in Canada.

Schottel will transfer all its tidal energy assets, including UK subsidiary TidalStream and Canadian subsidiary Black Rock Tidal Power Inc (BRTP), to SME in return for equity and becoming SME’s largest shareholder.

Jason Hayman, managing director of SME, said: “This is a very exciting time for SME, and this deal crystallizes the strong relationship that we have built with Schottel over the past five years, initially as a supplier and then as a development partner and investor.

“It is a massive vote of confidence in SME’s team, and we now have all the resources that we need to deliver a market-leading, integrated product to customers, along with a pipeline that enables the commercialisation and roll-out of our solutions.”

The PLAT-I tidal turbine has been extensively tested at Connel Sound, near Oban, on Scotland’s West Coast over a number of years.

Having proven the installation, operation and performance aspects of the platform, this second phase of testing put the turbine through its paces in the harsher climate of Canada.

The tidal energy system was designed, constructed and finally generating power through 2017.

Andreas Block, CEO of the SCHOTTEL Group, said: “We are committed to developing environmentally responsible marine technologies including tidal energy and electric propulsion systems – we are also supplying propulsion systems for the first fully-electric ferries in Canada.

“We look forward to working with SME over the coming years to deliver innovative, robust and reliable solutions to customers worldwide.”

Recommended for you

More from Energy Voice

Latest Posts