03 Apr '12, 5pm

Tocardo eyes “promising” South Korean hydropower market: Dutch hydropower turbine manufacturer Tocardo has signe...

“From a geographic and economic point of view, South Korea is one of the world’s most promising countries for the application of tidal energy generation,” a Tocardo statement read. The company has signed a deal with German-Korean corporation Korwind , which Tocardo said has “extensive experience” in the South Korean renewable energy market, and “a strong track record of building trade links between Korea and northwest Europe”. Hans van Breugel, chief executive of Tocardo, said: “We are excited to enter into this agreement with Korwind, which is not only a specialist in renewable energy and hydropower, but also has extensive connections in the South Korean market.” He added: “There is a lot of investment and interesting activity around renewable energy in South Korea, with tidal power beginning to build momentum. We aim to be one of the first to offer proven and commerciall...

Full article: http://www.renewableenergyfocus.com/view/24941/tocardo-ey...

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