Orbital Marine Power | Press Releases

PRESS RELEASE: Scotrenewables Tidal Power hits 1GWh in record time at EMEC, Orkney.

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Scotrenewables Tidal Power has set another record with its SR2000 2MW floating tidal turbine with the unit clocking up over 1GWh in a record pace for the European Marine Energy Centre (EMEC) in Orkney. Andrew Scott, Chief Executive Officer of Scotrenewables Tidal Power said: “This is an astonishing achievement by our technology and by the Scotrenewables team who have worked so hard to make it happen.” “I’m comfortable in highlighting we have had a small number of outages within this period, including where we have had to make maintenance interventions but, because of the accessible nature of our technology, we have been...

PRESS RELEASE: Scotrenewables Tidal Power kicks off new funding round

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Scotrenewables Tidal Power, the developer of the largest and most powerful tidal current turbine in the world, its 2MW floating SR2000, is embarking on a new funding round to take forward its tidal technology towards commercialisation. It has appointed financial advisors Simmons & Company International, the energy specialists of US Investment Bank Piper Jaffray, to lead the investment process out of its Aberdeen office. The move follows a successful test programme over the past 12months, culminating in the SR2000 producing more than 116 MWh in under a week of continuous generation at EMEC, the European Marine Energy Test Centre in Orkney....

PRESS RELEASE: Scotrenewables powers Orkney grid.

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SR2000 floating tidal turbine produces 116MWh in less than a week of continuous generation: 7% of Orkney’s electricity demand  Scotrenewables Tidal Power has achieved further impressive outputs from ongoing testing of its 2MW floating tidal generator, the SR2000 at the European Marine Energy Centre (EMEC). The SR2000 produced more than 116 MWh in under a week of continuous generation which took place last month.  Over a seven day period, the turbine met the electricity demand of nearly 7% of the entire Orkney Islands, with shorter periods where that contribution exceeded 25% of demand.    Speaking about the performance of the SR2000, the...

PRESS RELEASE: Scotrenewables clocks up the power

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Having reached the 2MW rated capacity of their SR2000 tidal turbine earlier in April, and setting a new tidal industry benchmark, Scotrenewables have now generated over 18MWh within a continuous 24hr testing period; a performance level which matches established offshore wind turbines. Speaking of the achievement, believed to be another tidal industry record, the CEO of Scotrenewables, Andrew Scott, said: “Recognising we are still in the early stages of our demonstration programme this is a tremendously reassuring level of performance to be achieving, one which provides further confidence in our technology’s ability to deliver a significant step reduction in the cost...