A merger between Dutch water turbine producer Tocardo International B.V. and British renewable energy company Mosscliff Environmental has reportedly raised $200m to accelerate the development of tidal...
Following the merger between water turbine producers, Mosscliff Environmental, and renewable energy company, Tocardo International, the companies have created a combined venture, MT Tidal, which has reportedly raised $200m which will be invested in the accelerating of tidal energy projects. In addition to the joint venture, the two companies will continue to operate independently.