Industrial group Andritz has increased its stake in Norway-based tidal power developer Hammerfest Strøm to 55.4% following the successful installation of the 1MW HS1000 turbine at the European Marine Energy Centre in Scotland. The other major shareholders in Hammerfest Strøm are Norwegian utility Hammerfest Energi and the Spanish energy firm Iberdrola (17%).
The rest of this content is only accessible to Global Venturing Subscribers.
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.