An Irish-made turbine deployed in Canada in July to help test the viability of tidal technology was damaged beyond repair after only two months.
Dublin-based OpenHydro was one of the first companies to attempt to build technology that could harness tidal energy on a commercial scale.
While the firm did build several prototype devices it racked up large losses doing so. Its parent company, Naval Energies of France, decided in July that it would not continue to financially support OpenHydro.
The Irish company, which employs about 100 people, was declared insolvent shortly afterwards and a l…
Read the full article at: https://www.thetimes.co.uk/article/time-and-tide-proved-too-much-for-tech-firm-openhydro-vgf5bqz6z