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, Tocardo International, and renewable energy company, Mosscliff Environmental, the companies have created a combined venture, MT Tidal, which has reportedly raised 200 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.