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Tocardo and Mosscliff join forces by setting up a tidal venture

A new tidal energy company named MT Tidal is born from the union of the Dutch tidal energy developer Tocardo and the UK-based company Mossclif Environmental.

This joint venture will combine tocardo’s tidal turbines manufacturing expertise with Mosscliff’s experience in identifying project’s sites and installing infrastructures. Their company, MT Tidal, will mainly focus on UK, Irish and French market where five projects are in the planning phase.

This joint venture has raised $200 mln in investment from various American investors.

Image: Tocardo - Acotec