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Marine Current Turbines was acquired by Siemens on 02/17/2012.
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Marine Current Turbines

Developer of commercial-scale sub-sea tidal turbines for marine renewable energy
Acquired Company - Shipping Product/Pilot

Overview

Marine Current Turbines is developing tidal stream technology to generate power from tidal flows with wind turbine-like rotors and blades. The company currently has pilots off the coast of Devon, England and Northern Ireland and contracts for a tidal farm off of Wales and projects in Nova Scotia and Vancouver, Canada.

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Investments

Last updated on 03/23/2012
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