Sea NewsCanada's most successful tidal energy company forced into bankruptcy by permitting issues seanews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seanews.co.uk Daily Mail and Mail on Sunday newspapers.
Sustainable Marine Energy, a pioneer in tidal energy technology, has been placed into voluntary bankruptcy stating it faced insurmountable challenges in obtaining regulatory approvals for its flagship demonstration project in Nova Scotia,.
HALIFAX - A firm that hoped to create power from the Bay of Fundy’s massive tides is winding up operations due to what it says are excessive regulator.
A firm that hoped to create power from the Bay of Fundy s massive tides is winding up operations due to what it says are excessive regulatory hurdles from the federal Fisheries Department.