With two key hires Tocardo Tidal Power has strengthened its Managing Board. Mr. Henk Kasteleijn has joined Tocardo as Chief Financial and Operating Officer. Henk brings over 20 years of general and financial management experience with two leading multinationals in the innovative technology sector. Mr. Ruud Nijs has joined Tocardo as Project Finance Director. Ruud is a seasoned international banker and brings over 25 years of experience. He is very well and personally connected on decision-making level in all parts of the Dutch Economy and in the developing world.
Tocardo has the exclusive rights for the development of five tidal projects in the United Kingdom (Fall of Warness and Wales) and in the Netherlands (Delta works). The Universal Foundation System (UFS) is the new standard product, currently in development. In Orkney (Scotland) at the European Marine Energy Centre (EMEC) Tocardo has a license to install the first offshore system with their UFS and to operate on a commercial basis for a period of 20 years. In The Netherlands Tocardo adjusted its installations to sluices, tidal inlets and flood barriers, as at the Afsluitdijk, but also at the Eastern Scheldt storm surge barrier, part of the Dutch Delta Works. This in combination with a track record of 11 installed turbines is a proven technology.
TOCARDO Tidal Power B.V. is a Dutch company and is aiming to be a global leader in tidal technology. The company installed three linked turbines in the Afsluitdijk, a 30 km long primary sea defense in The Netherlands. Another project of Tocardo is the tidal power plant in the Delta Works, which is also the world’s largest commercial tidal installation of five turbines in an array.