Tribute Resources centers on marine and tidal energy

Tribute Resources announced that it has established a new corporation called International Marine Energy Inc. (IME). IME has acquired the interests of Tribute Resources in Western Tidal Holdings, and the intent of Tribute Resources is to develop all further tidal power projects in Canada and internationally within IME.

IME has assumed the interest of Tribute Resources in Fundy Tidal and its projects. IME and Fundy Tidal are developing the 1.95MW small-scale tidal COMFIT project awarded to Fundy Tidal by the Province of Nova Scotia located at Digby, Nova Scotia, in the Digby Gut Limited Partnership.

Both IME and Fundy Tidal will form and manage the project team to work with Dutch-based tidal turbine producer, Tocardo International BV, to commission the project which may include the installation of up to 16 of their T200 turbines and the design and development of a floating barge platform to house them.

The Digby Gut project is one of three COMFIT projects under development in Digby County by Fundy Tidal. IME and Fundy Tidal have also entered into a Right of First Refusal Agreement to develop and finance all current COMFIT projects and to collaborate on future projects in Atlantic Canada.

Press Release; Image: Tocardo

Share this article

Follow Marine Energy

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

SR Marine Conference, Exhibition & Dinner 2019

This conference will reset the dialogue on how we can best develop these technologies, going beyond LCOE…

read more >

ICCE (ICCE019)

This conference is organized to share and discuss recent developments in clean energy sector…

read more >

Green Energy & Expo 2019

Conferenceseries LLC Ltd is an amalgamation of Open Access Publications and worldwide international science conferences and events…

read more >

EWTEC2019

The European Wave and Tidal Energy Conference (EWTEC) series are international, technical and scientific conferences…

read more >