Minas Tidal Limited Partnership (MTLP) is a partnership between International Marine Energy (IME) and Tocardo Tidal Power (Tocardo). Negotiations for the acquisition of Berth A from MBPP to International Marine Energy (IME) and subsequently known as MTLP began in late 2015 and continued into early Q2 2016. An Asset and Purchase Agreement was executed by the respective parties on May 12th.
Minas Tidal plans to deploy three Tocardo semi-submersible platforms (Universal Foundation Platform Systems (UFS)) at FORCE, outfitted with four 250 KW T2si bi-directional open rotor turbine generators. Three UFS platforms will combine to make up the four megawatt allocation at FORCE. The floating submerged platform will be held in place by catenary mooring systems.
Tocardo currently has a portfolio of ten single or array-connected tidal turbines in service in the Netherlands near Texel island, at Afsluitdijk in Den Oever, located at the Eastern Scheldt storm surge barrier. In 2016, Tocardo entered into a 20-year contract with the European Marine Energy Centre (EMEC) in Orkney, Scotland to install and operate a pre-commercial array with work commencing in early 2017. Tocardo’s first prototypes were installed eight years ago and remain in operation.