Current2Current Ltd. (C2C), a renewable energy company based in the town of Inverurie in Aberdeenshire, Scotland, UK, announced on Sept. 6 that is has secured a US$133,00 Scottish Enterprise research and development feasibility grant, and a matching funding from a private investor to further develop its prototype tidal marine hydrokinetic (MHK) energy device.
C2C said its MHK device works by diverting tidal current up through a flow path, between an inner cone and the outer structure. This flow is then directed through a ducted turbine before exhausting vertically out of the top of the cone.
The device’s capacity is not immediately available.
The company said its product continues to be refined following a recognized development process originally used by NASA and now widely used within the subsea oil and gas industry.
C2C Managing Director, Brian Barnard, said, “We are delighted to have received this substantial grant from Scottish Enterprise and are looking forward to the testing of our device later in the year. There appears to be a real appetite for tidal power right now, perhaps due to the predictability of this type of energy conversion.”
Jim Watson, director of Innovation and Enterprise Services at Scottish Enterprise, said, “As Scotland’s innovation agency, we want every company in every sector to embrace innovation and reap the benefits it brings. It’s fantastic to see companies similar to C2C developing products that have the potential to generate significant revenue as part of their ambitious global growth plans. We wish them every success with this project.”