OpenHydro - Unique approach to renewable generation OpenHydro Group Limited, an Irish renewable tidal energy company, designs and manufactures marine turbines for harnessing energy from tidal currents under the world's oceans – silently and invisibly generating electricity at no cost to the environment. OpenHydro has developed a unique Open-Centre Turbine technology that is environmentally friendly. Its commercial scale test turbine is operating at the European Marine Energy Centre in Orkney, Scotland . Emera Inc. acquired a 7.4% interest in OpenHydro in 2008 and will hold one seat on OpenHydro's seven member Board of Directors. Nova Scotia Power, an Emera Inc. company, selected OpenHydro's Open-Centre Turbine technology in 2007 for deployment in a tidal energy demonstration project in the Bay of Fundy . The Province of Nova Scotia recently announced that the technology proposed by Nova Scotia Power and OpenHydro is among those that will be tested in the Bay of Fundy starting in 2009. |