The
new
capital,
coming
through
seedcorn
technology
fund
ABB
Technology
Ventures
(ATV),
will
underpin
roll-out
of
Scotrenewables’
SR2000
device,
which
is
slated
to
be
installed
next
year
as
part
of
the
30MW
Lashy
Sound
tidal
demonstrator
project
off
Orkney.
“ABB
led
a
comprehensive
review
of
tidal
stream
technology
and
concluded
that
Scotrenewables
was
well
below
its
peers
in
capital
outlay
per
megawatt
and
overall
power
delivery
cost,”
says
ATV
vice
president
Grant
Allen.
“Scotrenewables
has
designed
a
remarkably
robust
hydrokinetic
unit
which,
by
nature
of
its
easily
accessible
floating
design
bypasses
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