The UK and Canada are investing $1.43m (£0.91m) in two tidal technology projects.

The Government of Nova Scotia, not-for-profit Offshore Energy Research Association and Innovate UK have signed a Memorandum of Understanding.

The organisations are investing $500,000 (£320,000) and $331,000 (£211,840) and the remaining funding is provided by government agencies and private industry in both countries.

The research partners, which includes both Canadian and British institutions, will develop different technologies to measure turbulence in the sea or gather information to assess the impact of turbines on marine life.

Rob Saunders, Head of Energy at Innovate UK said: “Innovate UK is pleased to be working alongside Offshore Energy Research Association on this effort as it sees Nova Scotia as a growing and large potential market for tidal energy, making this a good opportunity for United Kingdom companies to gain exposure to that market.

“We believe that faster progress will be made by combining the expertise, knowledge and experience to tackle common problems.”