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 energy , Tocardo energy , and renewable energy company , Mosscliff Environmental , the two have created a joint venture , MT Tidal , which has reportedly invested $ 200 m 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 .