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 .
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 $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.