Vancouver, BC (PRWEB) June 6, 2009
Blue Energy Canada Inc. is pleased to announce the signing of a Memorandum of Understanding (MOU) with World Energy Research to finance the company's first 200 MW commercial tidal power project at a location yet to be announced.
World Energy Research has an innovative project finance capacity and an impressive track record in Oil and Gas developments. With many World Energy Investors expressing interest in putting their oil profits into sustainable energy projects, Principal Chad Willis systematically reviewed the field of tidal power developers and chose Blue Energy's resource driven tidal power design over the other adaptive technologies active in the exciting emerging tidal power sector.
Tidal power is more recently generating a great deal of interest in sustainable energy developments. As seawater is 832 times the fluid density of air, the tides offer higher resource energy densities, greater extraction efficiencies and power outputs. Wind generated electricity is statistically available, whereas Blue Energy's tidal power turbines provide a source of energy that is predictable for years to come - you can set your watch with the movement of the tides.
This is an exciting time for the marine energy sector and Blue Energy looks forward to implementing the efforts of 25 years of public awareness, market studies, engineering, and design into the commercialization of this game changing technology.
Martin J. Burger Founding CEO, Blue Energy Canada Inc.
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