Tidal Energy Today has compiled the top news from tidal and wave energy industry from November 27 until December 3, 2017.Naval Energies to cut workforceNaval Group’s subsidiary for marine renewable energies Naval Energies is planning to reduce its workforce due to slower market development than previously anticipated. The company said it is preparing to cut around 100 jobs, to be split evenly between the company’s operations in France, and in Ireland through subsidiary OpenHydro, starting in the first half of 2018.Scotrenewables hits 1GWh tidal generation markScotrenewables Tidal Power’s floating tidal energy turbine SR2000 has clocked up over 1GWh of tidal energy generation at the European Marine Energy Centre (EMEC) at record time. Earlier this year, Scotrenewables claimed it set the world record with the highest export level from a tidal turbine of 2.2MW.SME installs PLAT-I tidal platformSustainable Marine Energy (SME) has installed the PLAT-I floating tidal energy platform in Connel Sound in Scotland. The installation was conducted by the Orkney-based Green Marine UK, which completed the operation on November 25, 2017. After the trials, the 280kW PLAT-I platform will be deployed in the Philippines.Fortum grabs 10% stake in Swedish wave firmThe Finnish power utility Fortum has acquired a 10% stake in wave energy company Seabased. Both parties agreed not to disclose the value of the deal. Seabased boasts over 100 patents, more than 4.5 years of generator run time and an operational factory on the west coast of Sweden.Portugal adopts ocean energy buildout planThe government of Portugal has approved the industrial strategy designed to accelerate the development of its ocean renewable energy sector along with the corresponding action plan. The major strategic objective is the creation of a competitive and innovative industrial export cluster for ocean renewable energies, like floating offshore wind energy and wave energy.Tidal Energy Today
OSBORN, Mo. – US 36 Raceway crowns champions in three IMCA divisions during Fan Appreciation Night this Friday, Aug. 31.Final points races of the season are on the schedule for IMCA Modifieds, IMCA Sunoco Stock Cars and Karl Chevrolet Northern SportMods. Matt Richards has already clinched the unofficial IMCA RaceSaver Sprint Car title at Osborn.General admission for adults is $10 with kids 12 years of age and under getting in free to grandstands. Prices have been rolled back to $1 for hot dogs, pop and water and $2 for adult beverages.There will also be prizes for best Halloween costumes worn by adults and kids.