Alstom Completes the Acquisition of Tidal Generation Limited (TGL) from Rolls-Royce plc

Wed Jan 30, 2013 4:21am EST

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Further to the successful deployment of a 1 MW tidal turbine
LEVALLOIS-PERRET, France--(Business Wire)--
Regulatory News : 

Alstom (Paris:ALO) has completed the acquisition of Tidal Generation Limited
(TGL) from Rolls-Royce plc. In September 2012, Alstom announced that it had
agreed to acquire TGL, which specialises in the design and manufacturing of
tidal stream turbines, subject to the achievement of critical milestones
including the successful installation of the 1 MW tidal turbine at the European
Marine Energy Centre`s (EMEC) full-scale tidal test site in Orkney, Scotland. 

On 24th January 2013, TGL, now rebranded Alstom successfully installed the 1MW
tidal turbine on the same tripod support structure used to deploy the previously
tested 500kW device. 

As part of the Energy Technologies Institute (ETI) commissioned and co-funded
ReDAPT (Reliable Data Acquisition Platform for Tidal) consortium project, the
1MW tidal turbine will be tested in different operational conditions off Orkney
over an 18 month period. Detailed environmental information and real life sea
performance data will be generated in order to further improve tidal power
technology and to reach a commercial scale. The next step is to install pilot
arrays prior to full commercial production. 

"The UK is a world-leader in the development of renewable energy technologies.
Together, Alstom, the ETI and the ReDAPT partners are accelerating the
development of tidal technology helping to position it, as a new more
affordable, secure and sustainable source of energy." said Dr David Clarke,
Chief Executive Officer, Energy Technologies Institute. 

"This new milestone installation in the development of tidal power generation
technology is a step further towards the commercialisation of this new power
solution. The aim of this project is also to demonstrate a new, efficient and
reliable turbine design" said Jacques Jamart, Senior Vice President Alstom New
Energies. 

With a rotor diameter of 18m, a twenty-two metres long nacelle and a weight of
150 tonnes, the tidal turbine has three pitchable blades. Buoyancy enables the
turbine nacelle to be easily towed to and from the point of operation. This
minimises installation and maintenance costs by avoiding the need for specialist
vessels and divers and reduces the timeframe to install or retrieve the turbine.
The unit operates, fully submerged at a water depth of 40 meters, by rotating to
face the incoming tide at an optimal angle, to extract the maximum energy
potential. 

"This technology will optimise electricity production, limit maintenance
constraints, and thus will help reduce the cost of electricity of this renewable
energy source" said Jérôme Pécresse, President of Alstom Renewable Power. With
the integration of new resources, skills and know-how, we will be ready to
respond to the first tenders for the development of tidal arrays in France and
in the UK, with the best range of products available in the market"

With this acquisition, Alstom continues to develop the broadest portfolio in the
renewable power industry. The company offers the most complete range of products
and integrated systems, for hydro, onshore and offshore wind, geothermal,
biomass and solar power. 

About Alstom
Alstom is a global leader in the world of power generation, power transmission
and rail infrastructure and sets the benchmark for innovative and
environmentally friendly technologies. Alstom builds the fastest train and the
highest capacity automated metro in the world, provides turnkey integrated power
plant solutions and associated services for a wide variety of energy sources,
including hydro, nuclear, gas, coal and wind, and it offers a wide range of
solutions for power transmission, with a focus on smart grids. The Group employs
92,000 people in around 100 countries. It had sales of €20 billion and booked
close to €22 billion in orders in 2011/12.

NOTES FOR EDITORS:

1
        The Energy Technologies Institute (ETI) is a public-private 
        partnership between global industry leaders – BP, Caterpillar, EDF, 
        E.ON, Rolls-Royce and Shell – and the UK Government tasked with 
        accelerating affordable, clean, secure technologies needed to help the 
        UK meet its 2050 climate change targets. It makes targeted investments 
        in projects in offshore wind, marine, distributed energy, buildings, 
        energy storage and distribution, carbon capture and storage, transport 
        and bio energy.
      2
        The ETI commissioned and co-funded ReDAPT (Reliable Data Acquisition 
        Platform for Tidal) consortium project is led by TGL, and includes 
        Garrad Hassan, the University of Edinburgh, EDF Energy, E.ON, Plymouth 
        Marine Laboratory and the European Marine Energy Centre (EMEC).

Website www.alstom.com/power/renewables

Press Contacts
Emmanuelle Châtelain, Isabelle Tourancheau
Tel +33 1 41 37 38 /39 95
emmanuelle.chatelain@chq.alstom.com, isabelle.tourancheau@chq.alstom.com
ou
Stephanie Roux - Jerome Bridon (Alstom Renewable Power)
Tel.:+ 33 1 41 49 78 62 / 38 78
stephanie.roux@power.alstom.com ; jerome.bridon@power.alstom.com
ou
InvestorRelations
Delphine Brault - Tel +33 1 41 49 26 42
delphine.brault@chq.alstom.com

Copyright Business Wire 2013

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