Two renewable energy companies have signed a joint venture to develop a 300MW tidal array in the English Channel, off the island of Alderney.
OpenHydro and Alderney Renewable Energy (ARE) will build the array, which will consist of 150 turbines – producing enough electricity to power more than 150,000 homes.
Over the next three years the firms, under the joint venture company Race Tidal, will work closely with the States of Alderney, the Alderney Commission for Renewable Energy, local communities and stakeholders to complete the required surveys and environmental impact assessments prior to making an application for full consent.
Nick Horler, Executive Chairman at ARE said: “The economic development of Alderney’s tidal power projects will provide Europe with a new source of predictable, clean, renewable energy and improve the security of our energy supplies.
“The joint venture partnership… is a critical piece in the jigsaw as we move to now make significant progress towards creating one of the largest renewable energy projects in European coastal waters.”
The tidal array is expected to reach full scale deployment from 2020.