BRTP tidal power platform to be fabricated by Aecon

 

HALIFAX, May 18, 2016Nova Scotia renewable energy company Black Rock Tidal Power Inc. (BRTP) has awarded the contract to fabricate its TRITON S40 tidal power platform to Aecon Atlantic Industrial Inc., a wholly-owned subsidiary of Aecon Group Inc. (“Aecon”).  This will be the first full-scale fabrication of this technology in the world. The instream tidal device will be installed in the Bay of Fundy in 2017.

 

“This was a highly competitive bidding process involving several highly qualified Atlantic Canada companies,” says BRTP’s General Manager Nils Hirsch. “With their strong experience in marine fabrication, Aecon’s workforce will be a significant benefit to our project.”

 

BRTP’s tidal-current energy technology uses forty SIT 250 turbines mounted on the TRITON, summing up to 2.5 MW overall capacity. Because the TRITON can be easily brought to the surface it allows for easy maintenance access. The use of multiple small turbines together with TRITON’s maintenance approach reduces both capital and maintenance costs.

 

“Aecon is pleased to be working on this significant tidal energy project with Black Rock Tidal Power, and we are confident this project will showcase Aecon’s experience and best-in-class facilities in Nova Scotia,” said Mark Scherer, Executive Vice President, Aecon Energy.

 

BRTP is one of only five companies from around the world awarded a demonstration site at FORCE, Canada’s leading research centre for instream tidal energy located in the Bay of Fundy.

 

“Our team is on the leading edge with this innovative technology and we are excited to be working with Aecon and many other Nova Scotia companies to show the world the benefits of tidal power,” says Hirsch.

 

“Building a tidal industry on sustainable practices is creating new jobs, launching new companies and attracting major investments,” said Michel Samson, Minister of Energy. “Investments like these help local companies build solid experience and capacity leading to more opportunities for our workforce.”

 

Unlike wind power, instream tidal power is a predictable source of renewable energy because of the regularity of the tides. This means that tidal energy can be used on a commercial scale to produce renewable electricity and reduce greenhouse gas emissions.

.

 

 

 

 

 

Black Rock Tidal Power expands its leadership team in Nova Scotia

April 8th, 2016 | Halifax – Black Rock Tidal Power, a SCHOTTEL HYDRO company, is pleased to announce the appointment of Nils Hirsch as General Manager. The Halifax, Nova Scotia tidal power technology company has also appointed Dr. Sue Molloy as Vice President of Strategy and Policy.

“The leadership of Black Rock Tidal Power continues to grow. We have exceptional expertise on the ground in Nova Scotia and anticipate that our overall workforce will double in size by this fall,” says Niels A. Lange, chair of the company’s board of directors.

Hirsch is a mechanical engineer with a background in marine engineering innovation including the management of tidal energy projects. Molloy, the company’s former general manager, has a PhD in naval architecture and ocean engineering and is a recognized expert in marine renewable energy.

Black Rock Tidal Power will install its innovative technology next year at the Fundy Ocean Research Center for Energy (FORCE) near Parrsboro, Nova Scotia. The company is one of only five companies from around the world awarded a site at FORCE, where innovative renewable energy technologies are demonstrated. “Our team is on the leading edge of this technology and we are very excited to be working with FORCE, as well as with many Nova Scotia companies,” says Hirsch.

The Nova Scotia government is planning to offer 300 MW of tidal energy licenses by 2020, enough to power more than 75,000 homes. “We are working to ensure that Black Rock Tidal Power’s innovative solution is the preferred technology for future projects,” says Hirsch.

 

 

 

 

Private investors commit 10.5 million Canadian Dollars to BRTP project

October 20th, 2015 | Halifax – Black Rock Tidal Power (BRTP), a SCHOTTEL HYDRO subsidiary, has set up a project company (Special Purpose Vehicle, SPV) which will take over its TRITON tidal energy platform once fully commissioned for 15 million Canadian Dollars. The private equity investment into the project company amounts to 10.5 million Canadian Dollars.

TRITON is a floating platform carrying a number of SCHOTTEL Instream Turbines that generate up to 2.5 MW from tidal currents. The device is planned to be installed in autumn 2016 at the BRTP berth at the Fundy Ocean Research Centre for Energy (FORCE) in Canada. FORCE provides an infrastructure to its four berth holders including a substation, grid connection, sea cables and a fully consented site.

Together with the berth at FORCE, BRTP has been awarded the developmental tidal feed-in tariff (FIT) and the respective power purchase agreement (PPA) with Nova Scotia Power. The electricity generated will be fed into the North American power supply system and the SPV will operate the device over the fifteen years duration of the FIT. “The successful closing of the equity finance in our project sets the path for further TRITON projects in the Bay of Fundy and globally,” explains Sue Molloy, General Manager of BRTP. “This is good news for the tidal industry in Nova Scotia and an important step towards proving the commercial viability of our technology and of tidal energy in general. The Province of Nova Scotia has shown great commitment to the tidal industry by setting up FORCE and by establishing the developmental FIT.”

First commercially financed project in the tidal energy industry

BRTP and SCHOTTEL HYDRO have successfully raised 10.5 million Canadian Dollars of private equity for the project company. The equity investment will be leveraged by an additional 4.5 million Canadian Dollars commercial loan. The private equity includes investments from the Shareholders of the SCHOTTEL Group, the Singapore-based clean tech investor Envirotek and as lead investor Inerjys Ventures, a Canadian investment company that acts in clean energy. “Inerjys is convinced that SCHOTTEL HYDRO and Black Rock Tidal Power offer the most cost-effective tidal energy technology at a growth stage and for future large-scale projects,” explains Stephan Ouaknine, Managing Partner at Inerjys, “Furthermore, Inerjys is partnering with SCHOTTEL HYDRO on a growth equity round. This hybrid investment strategy insures commercialization for the product company and efficiency for projects.“

“From the very beginning BRTP and SCHOTTEL HYDRO had the ambition to offer tidal energy technology that allows for commercial tidal energy projects already at an early stage of this industry,” says Niels A. Lange, Managing Director of SCHOTTEL HYDRO. “We are proud that we have raised 70% private equity investment for this project, which we consider to be the first project in the tidal industry at this scale financed under purely commercial terms.”

BRTP will start to market the second 2.5 MW project, soon, for which the FIT and PPA are granted. Furthermore, SCHOTTEL HYDRO and its subsidiaries BRTP and TidalStream has developed a robust global project pipeline.

 

 

 

Tidal Power company BRTP demonstrates commitment to hire local

Dr. Sue Molloy, General Manager at BRTP

April 22nd, 2015 | Halifax – Black Rock Tidal Power (BRTP), a SCHOTTEL HYDRO company, continues to honour its commitment to hire local. Dr. Sue Molloy has been brought on board as General Manager to guide the company as it grows from its first project with the Fundy Ocean Research Center for Energy (FORCE) to be a leader in Canadian tidal power.

Dr. Molloy, who received her doctorate in Naval Architectural and Ocean Engineering from Memorial University of Newfoundland, is a Canadian expert in tidal power representing Canada on a number of standards and research committees.

“When Black Rock Tidal Power was established, we publicly stated our commitment to have a strong local presence, to hire employees from the community, and to work with Nova Scotia firms. I’m proud to say we are delivering on that commitment,” says Prof. Dr. Gerhard Jensen, CEO of  SCHOTTEL HYDRO.

The company is showcasing its innovative technology at FORCE, Canada’s leading research centre for in-stream tidal energy located in the Bay of Fundy. BRTP has contracted local Marine Engineering firm Allswater Marine to complete detailed design work of its TRITON tidal power platform. At present, it is investigating site conditions in the area to identify levels of flow and turbulence in locations where turbines will be positioned. BRTP is also engaged in modelling and simulation work to better understand the geology of the area. Local companies actively involved in these initiatives include Seaforth Geosurveys, Dynamic Systems Analysis as well as Canadian industry association Marine Renewables Canada.

“Thanks to Nova Scotia companies like these plans are on track to meet our goal to supply power in late 2016,” says Dr. Molloy. “Our success is founded on building local relationships.”

Most of the existing tidal current energy systems deployed to date are single turbines designed to rest on the seabed. The single-turbine approach requires enormous machines to operate. This, in turn, requires significant capital to create, transport, and maintain the turbines. Black Rock Tidal Power is directly addressing these cost drivers with a unique semi-submerged TRITON platform. The floating platform freely rotates to the ocean flow and is equipped with inexpensive small and robust SCHOTTEL Instream Turbines (SIT).

 

 

 

Black Rock Tidal Power wins demonstration berth in Bay of Fundy

Honourable Andrew Younger, Minister of Energy
Gerhard Jensen, Managing Director at SCHOTTEL

March 28th, 2014 |Halifax - Black Rock Tidal Power has been awarded one of only two demonstration berths by the Nova Scotia government. The company will showcase its innovative technology at the Fundy Ocean Research Center for Energy (FORCE), Canada’s leading research centre for in-stream tidal energy, located in the Bay of Fundy.

Most of the existing tidal current energy systems deployed to date are single turbines designed to rest on the seabed. This single-turbine approach requires enormous machines to operate. In turn, significant capital is required to construct, transport, and maintain the turbines.

Black Rock Tidal Power is directly addressing these cost drivers with a new approach that combines a unique Triton platform developed by TidalStream Ltd., with inexpensive small and robust tidal turbines developed by ship propulsion manufacturer SCHOTTEL.

The device is semi-submerged, floating and freely aligns to the ocean flow. “We believe our concept will change the way the world looks at tidal power.” says Martin Baldus, General Manager, Black Rock Tidal Power. ”We are honoured to have been selected to demonstrate our innovative technology here in Nova Scotia.”

The economic potential of tidal power is considerable, and Black Rock Tidal Power has built a strong Nova Scotia team of companies to implement its FORCE project. Local senior management and communications staff are already in place, with recruitment planned for other positions.

Allswater Marine Engineering of Bedford will be in charge of the overall management of the project in partnership with five other Nova Scotia companies. These companies will provide detailed design, project installation, and maintenance services for the generator platform. Nova Scotia companies will also provide key technology components for the device, and develop new technologies and methods.

Nova Scotia is an international leader in tidal power and we are honoured to have been selected to demonstrate our innovative technology. We believe this will change the way the world looks at tidal power.

 

 

 

Black Rock Tidal Power submitted proposal for tidal energy demonstration project

December 16th, 2013 | Halifax - Black Rock Tidal Power submitted a proposal for its in-stream tidal energy demonstration project at the FORCE berth D in the Bay of Fundy to the NSDoE.

The proposed TRITON technology offers not only a cost-effective solution for in-stream tidal energy but also a route for risk-mitigation following the stepwise development of a 5MW array.

Subsequent to the detail phase including comprehensive testing of components, the first platform carrying 16 of 36 turbines will be fabricated, tested and deployed in 2015.  The extension of the platform to it´ s full capacity of 2.5 MW with 36 turbines and the start of construction for the 2nd platform will follow in 2016 after a  reasonable test period in the Minas Passage.

Together with the consortium partners, BRTP offered a solution that will make tidal power not just an option in Nova Scotia but also an affordable ´Made in Nova Scotia´option.