In 2016, with considerable fanfare, the Cape Sharp Tidal (CST) company launched its "long-awaited" underwater test turbine in the Bay of Fundy. CST, co-owned by Nova Scotia's Emera Inc. (EI), and the Irish co. OpenHydro Ltd. (OH), a subsidiary of the French co. Naval Energies, (NE), have hit the end of the road. Both CST and OH have now filed for bankruptcy.
"Undersea turbines aim to harness the legendary tidal power off Nova Scotia," Bay of Fundy; photo by OpenHydro