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€100 million equity investment into new marine energy subsidiary
DCNS, the parent company of OpenHydro and the European leader in naval defence, has announced the creation of DCNS Energies a new marine energy business which will be fully financed by a fund managed by Bpifrance and supported by Technip and BNP Paribas development groups.
PT AIR and OpenHydro, a DCNS company, have signed a Memorandum of Understanding aimed at driving forward the development of a tidal energy industry in Indonesia.
OpenHydro, a DCNS company, is part of a consortium which has been selected by the Japanese Ministry of the Environment to supply a tidal turbine system for installation at Naru Strait, Goto City, Nagasaki Prefecture.
Tidal technology developer OpenHydro, a DCNS company, has been honoured in three categories at the Marine Industry Awards which took place at the Radisson Blu Hotel, Galway last night, Thursday 30th June.
The second turbine bound for EDF’s Paimpol-Bréhat tidal array has been successfully deployed by OpenHydro, a DCNS company.
OpenHydro, a DCNS company, has announced the development of a purpose-built tidal turbine assembly facility at Cherbourg Port.
James Ives, OpenHydro Chief Executive, said: "The first of two OpenHydro tidal turbines on EDF‘s Paimpol-Bréhat site has been successfully deployed. After a series of successful tests evaluating mechanical and electrical performance, the 16-metre-diameter turbine was towed out to sea on Wednesday 20th January and deployed by the OpenHydro barge."