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Posted Sat Feb 28 2009: from BusinessGreen:
Aquamarine Power touts 'biggest deal in the history of marine energy'
Fresh from securing "the biggest deal in the history of marine energy" with Scottish and Southern Energy (SSE), wave and tidal power specialist Aquamarine Power is in talks to agree similar supply deals with utilities in Ireland and Portugal. Earlier this week, the company signed a major alliance with SSE's renewables division Airtricity that could see the developer of tidal and wave energy systems provide the company with up to one gigawatt of marine energy by 2020. Under the terms of the deal, the two companies will launch a 50:50 joint venture that will work to gain consent for wave and tidal energy sites in the UK and Ireland.
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