http://canadianpress.google.com/article/ALeqM5hvK2zn7G3ReZx1RGpj9qa56jFa5ANova Scotia to create test centre for tidal power in Bay of Fundy
PARRSBORO, N.S. - Nova Scotia is creating a centre to test tidal power projects in the Bay of Fundy.
Premier Rodney MacDonald announced $4.7 million in provincial government funding Tuesday, along with a $3-million interest-free loan from EnCana (TSX:ECA), to set up the centre.
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Three companies will put test turbines on the floor of the bay, spending between $10 million and $15 million each on their projects.
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The companies hope to have test turbines in the water by early 2009 and will supply power to the province's electricity grid once the projects are in operation.
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