www.wave-tidal-energy.com
14 September 2009
A co-operation agreement to cover the development and construction of the LANGLEE E2 wave power system has been signed this week by Langlee Wave Power and TAG, the Project Management, engineering and construction company.
In announcing the deal this week (14th September)TAG's Managing Director, Alex Dawson, said "We are very impressed with the Langlee System and believe this to be the perfect product for the emerging worldwide wave energy market. We are very pleased to have been invited to join the team and look forward to working closely with Langlee to achieve their immediate goal of securing a sale of a full scale LANGLEE E2 for installation in 2010."
CEO Julius Espedal commented "We have a win-win-win agreement with TAG. Top-notch UK project management, engineering, and yard capacity are employed to build efficient wave power plants that help meet UK energy needs and 2020 climate goals."
"5 ROCS (Renewable Obligation Certificates) per MWh enhances the attractiveness of building wave power generation facilities off the coast of Scotland and other UK locations. Partnering with the TAG's Energy Solutions business makes Langlee's unique technology readily available for turnkey project deliveries in the UK."
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