Open Ocean, Aquatera to progress French marine renewables

French company, Open Ocean and Orkney based Aquatera have committed to working together to support the acceleration of marine renewable energy developments in France.

Jérôme Cuny, CEO of Open Ocean and Gareth Davies, MD of Aquatera, signed a memorandum of understanding (MoU) at the recent International Conference on Ocean Energy (ICOE) in Halifax, Nova Scotia.

The MoU will facilitate further cooperation in the field of marine renewable energy as the two companies will combine complementary strengths in resource and environmental assessment, but also in programme development and planning.

Both companies have a similar ethos in relation to collaborative working. They consider it essential to support the development of the French supply chain who best know their market, marine energy conditions and potential. France is an exciting target market considered by this new team of companies, as the French offshore market grows rapidly with six offshore wind development licenses awarded and four pilot tidal farm sites to be awarded before the end of the year.

Gareth Davies commented: “Aquatera is delighted to cement this excellent collaboration with Open Ocean. We have been exploring opportunities in France for some time and it’s great to see this level of activity supported by the regional governments. It’s important to us to work with local providers to deliver the best possible services to take this industry forward.”

Jérôme Cuny added: “We are extremely pleased with this agreement between Open Ocean and Aquatera which will allow us to jointly present a complete offer to the market in terms of marine energy project development. We believe that efficient and relevant collaborations such as this, strengthen the development of the marine energy sector overall. It gives the best supply chain provision to projects right from the outset.”

Aquatera and Open Ocean will also continue to explore other global markets and work together to support sector development in general.

Press Release