Orcades Marine Management Consultants Ltd. (OMMC) and Aquatera Ltd., two Orkney, Scotland-based marine energy development companies, and OceanPixel in Singapore, have formed Orcades Marine Asia Pte Ltd. to provide marine energy services in Asia, according to OMMC.
According to a press release, from its Singapore location, Orcades Marine Asia will provide operational management of marine renewable energy installations, including tidal, wave, floating solar and offshore wind. The firm will also engage in research and development projects aimed at developing innovative and cost-efficient deployment solutions for the Asian marine renewables sector.
Specific to hydro, the recently released Global Trends in Renewable Energy Investment 2017 report indicates in 2016 new investment in marine US$194 million. The collaborating team of Orcades Marine Asia has successfully installed operating tidal turbines in West Papua, Indonesia and Sentosa.
David Thomson, OMMC co-founder and managing director, said, “We’ve worked on projects in Asia now for a number of years and have an excellent relationship with OceanPixel and other key specialists in the region. Establishing a formal partnership in Singapore was the next logical step for us and it helps ensure we are well placed to capitalize on the many opportunities arising from the emerging renewables sector in Asia.”
Aquatera has developing marine energy business ties in Asia and OP is a 2-year-old company seeking to further its energy-related services.
In April 2016, HydroWorld.com reported Aquatera entered into a partnership with the Nagasaki Marine Industry Cluster Promotion Association in an effort to help Japan bolster its marine energy sector through international collaboration.
OP is a Singapore start-up company spun off from the Energy Research Institute at Nanyang Technological University, incorporated in September 2014.
OP says it works with UK organizations offering technical services, data catalogues and report products. The company has various global involvements and currently handles projects in Singapore, Indonesia and the Philippines with potential projects in other parts of Asia under development.
Orcades Marine Asia will work closely with the OceanTera project development companies being established in the Philippines, Singapore and elsewhere.
Incorporated in May 2016, Oceantera is a collaborative venture between Aquatera, OceanPixel Singapore and OceanPixel Philippines Inc., specializing in marine renewable energy projects for the Philippines.