Nova Innovation has secured funding from the European Commission to demonstrate a direct drive tidal turbine – a technology that, when commercialised, will revolutionise the future of the tidal energy sector. Nova has secured grant funding of €2.25m through the European Commission under phase 2 of Horizon 2020's SME Instrument programme.
The project titled D2T2, (Direct Drive Tidal Turbine) is designed to produce a commercial demonstrator of Nova’s innovative direct drive tidal turbine technology. This will represent a milestone in the long-term commercialisation of tidal energy as a source of predicable renewable power.
Direct drive machines offer huge promise for the successful development of the sector. Lower operating costs, improved reliability and increased energy output make this technology a ‘must’ for the tidal sector going forward.
The D2T2 project with a total expenditure of €3.2m, will be carried out in Scotland, widely regarded as the world centre of excellence for tidal energy development, and will run for 30 months.
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under Grant Agreement No 734032.