Hydra Tidal as

Norwegian Minister of Petroleum and Energy to open the world's largest floating tidal power plant in Lofoten, Norway

Pressemelding   •   nov 22, 2010 21:10 CET

The Norwegian Minister of Petroleum and Energy, Mr. Terje Riis-Johansen, will officially open Hydra Tidals floating tidal power plant the Morild II on Tuesday 23 November. The opening ceremony, which will take place on board the catamaran “MS Alba” in Gimsoystraumen in Lofoten – in the north of Norway, marks the start of the planned two-year trial period for testing and verification of plant Morild II and the technology.

The tidal power plant has an installed effect of 1.5 MW, and the unique turbine blades of laminated wood with a diameter of 23 meters. Indications are that both of these variables qualify the Morild II to being the world's largest floating power plant of its kind. - We know of no comparable floating tidal power plants in the world. There are smaller scale models that have been installed, but Morild II is a full-scale plant. The largest known turbine diameter of other power plants is 18 meters, and the largest installed power known to us is 1 MW. Thus we can imply with a fair amount of certainty that Morild II is the largest tidal power plant of its kind - says the CEO of Hydra Tidal, Eivind Nydal.

After a construction period of about two years, the plant was launched at sea in Harstad this fall, and then towed to Gimsoystraumen in Lofoten, where it is now anchored and connected to the local power grid. The Morild II is expected to supply power to the grid by the end of 2010.

On the guest list for the opening are suppliers, shareholders, directors, employees and contributors to both research and financing for the project.


For further information please contact:

Mr. Eivind Nydal, CEO
Tel.: (47) 905 58 087
E-mail: eivind@hydra.as

Mr. Svein D. Henriksen, R & D Director, Founder
Tel.: (47) 915 36 977
E-mail: svein@hydra.as





Photos (By Bjorn H. Vang, Hydra Tidal):

1) http://dl.dropbox.com/u/14041809/Photos%20-%20MORILD%20II/Hydra-Tidal_Morild-II_Power-Plant_launch-1.jpeg
) http://dl.dropbox.com/u/14041809/Photos%20-%20MORILD%20II/Hydra-Tidal_Morild-II_Power-Plant_launch-2.jpg
) http://dl.dropbox.com/u/14041809/Photos%20-%20MORILD%20II/Hydra-Tidal_Morild-II_Power-Plant_launch-3.jpg

Illustrations (By Hydra Tidal)

1) http://dl.dropbox.com/u/14041809/Logos%20and%20Illustrations/ISO%20Morild%202-%20Over%202.jpg
) http://dl.dropbox.com/u/14041809/Logos%20and%20Illustrations/ISO%20Morild%202-Aft.jpg
) http://dl.dropbox.com/u/14041809/Logos%20and%20Illustrations/Logo_Hydra-Tidal_col.jpeg
) http://dl.dropbox.com/u/14041809/Logos%20and%20Illustrations/Morild_logo.jpg

For further photos and illustrations, please send mail here.

Hydra Tidal Energy Technology AS (HTET) was founded by Svein D. Henriksen in Harstad – Norway in 2001. Today HTET is a significant player in the market with its unique tidal current technology Morild ©. The company employs 6 people, and is based in the City of Harstad, Troms - Norway. HTET is owned by the Lofotkraft Holding as, Hålogaland Kraft as, Energy Future Invest as, Hålogaland Kapital as and Hydra Energy as. The project has received funding from Innovation Norway, the Norwegian Research Council, Landselsutvalget, Skattefunn, Nyskapings- og Teknologiprogrammet and Enova SF.