Fundy Tidal Inc. (FTI) was established in 2006 to take advantage of local interest in opportunities to generate renewable energy from the tidal currents of the Bay of Fundy, Nova Scotia, home of the world’s highest tides. The company is a private corporation registered in Nova Scotia.
 

FTI is an independent power producer deriving revenues from the sale of green electricity generated from hydrokinetic power systems placed in man-made canals, hydro and thermal power facility outflows and river or tidal currents. Secondary lines of business are as a technology reseller and provider of services for regulatory matters, mooring and installation.

The founding board of directors and shareholders of the company are the same originators of the Scotian WindFields network of NS Community Economic Development Investment Funds (CEDIFs) and operating companies. Years of experience and participation in the growth of the renewable energy sector in Nova Scotia and deep ties within the community provide FTI with unique strategic and financial advantages.

FTI has strategic partnerships with Calgary-based New Energy Corporation and their EnCurrent Power Generation System to provide hydrokinetic turbine technology and systems and with Clare Machine Works Ltd. of Meteghan Centre, Nova Scotia for local services and support including manufacturing of system components, flotation equipment and mooring expertise.

The EnCurrent Turbine is an underwater windmill, converting the energy in water currents into electricity. The Turbine is coupled with a permanent magnet generator and an inverter to provide complete water-to-wire EnCurrent Power Generation System. The drive-train and generator are positioned above the water-line for system longevity and ease of maintenance of the systems. The turbines can be installed into man-made canals, rivers and tidal currents and are typically surface mounted using floating pontoons.