Tidal Energy Advancing in USA >> Offshore Wind - 1 views
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Verdant Power founders are planning to install up to 30 turbines with the total capacity of 1MW in the East Channel of the East River, writes The Day news portal.
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Verdant Power is among the first companies that are exploring the potential of the tidal energy. Unlike the wind and solar power, tidal power is predictable as the tides move in correlation with the movement of the moon
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The initial costs for the development of this technology are high. The company has raised USD 35 million so far and needs USD 25 million more.