Proteus Marine Renewables has announced a memorandum of understanding with SKF Marine and GE Vernova Inc’s power conversion division for a collaborative effort to advance tidal turbine generation systems for commercial tidal stream projects. This partnership will initially concentrate on delivering at least 59 MW of capacity to the MeyGen PLC tidal stream project in Scotland, the world’s largest tidal stream facility.
As part of this agreement, SKF Marine will be responsible for providing rotating equipment for the powertrain, handling its integration and assembly. Proteus Marine Renewables will oversee system design, final assembly, installation, commissioning, and specialised tidal turbine components, alongside other offshore services. Meanwhile, GE Vernova’s Power Conversion division will contribute its expertise in electrical systems to the collaboration.
Drew Blaxland, CEO of Proteus Marine Renewables, highlighted this initiative as a major stride towards the commercialisation of tidal energy. Graham Reid, CEO of SAE Renewables, expressed enthusiasm about working with industry leaders to propel the next phase of the MeyGen project.
Proteus Marine Renewables was established in 2022 following the sale of a majority stake in SIMEC Atlantis Energy Ltd’s tidal engineering division to its management. SAE Renewables, the majority owner of MeyGen, recently secured a contract for the project in the latest UK renewables auction, underlining its ongoing commitment to pioneering advancements in renewable energy.
This partnership marks a significant development in tidal energy technology, strengthening SAE Renewables’ position as a leader in the sector and reinforcing the MeyGen project’s role as a global benchmark for tidal stream facilities.
SAE Renewables Limited (LON:SAE) was founded in 2005 as a supplier of tidal stream turbines, SAE quickly grew to include development of tidal stream projects and is the majority owner of MeyGen, the world’s largest tidal stream energy project.
