Article: Bermuda: Wave energy plans in the offing for Bermuda.

Byline: prashant03

Bermuda could be set to get more economical electricity thanks to newly-unveiled plans by Renewable Energy Holdings (REH), an AIM-listed British investor and operator of renewable energy technologies, and Bermuda-based Triton Renewable Energy to supply the Island group with wave-generated electricity, according to online publication M&Adeals.co.uk

The negotiations are expected to be completed at the end of the year and, if successful, they would push forward the construction of a 2MW test site followed by a grid connected 20MW wave power installation.

But Belco will not be directly involved in the new project.

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