Bankrupt company ordered to remove defunct Minas Basin tidal turbine

The government issued a strongly worded order Wednesday to a company that is functionally non-existent. “(Cape Sharp Tidal) is now required to retrieve its turbine in the Minas Basin,” read the Department of Energy and Mines news release announcing the revocation of Cape Sharp Tidal Venture’s marine renewable electricity licence. “If that does not happen in a reasonable timeframe, government will begin the process of accessing the security that remains in place.” But Cape Sharp Tidal Ventures exists only in name. >click to read<14:09

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