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Monday, August 16, 2004

Tidal Flow To Power New York City
In the third stage of a project which started in January 2003, Verdant Power, a small energy company, will install six electricity turbines into New York's East River. These turbines will only deliver 200 kilowatts of power.

This will be the world's first farm of tide-powered turbines, according to Nature. And the company already plans to populate the tidal basin with several other hundred turbine units in the years to come, with a goal of 5 to 10 installed megawatts within three years.

The next step will be to install other farms in the US and in developing countries. The company plans to be present in ten sites by 2007. However, it will still be a very small company in the energy business, with a projected revenue of $37 million in 2007. You'll find more details, references and pictures in this overview.
:: posted by Roland Piquepaille, 5:18 PM Comments (0)
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