Western Tidal Holdings Ltd., a tidal power marine energy project developer in British Columbia has announced the execution of an Investigative Use License Agreement signed with the Shishalh Nation in January.
In addition to the Shishalh Nation, Western Tidal has worked with and has gained the support for investigation permits of several other First Nation groups in and around the coastal waters of B.C..
Through the agreement, due diligence will be conducted by the Shishalh Nation and Western Tidal. The agreement allows the company to investigate the feasibility of a tidal project in Agamemnon Channel. The Nation and Western Tidal will jointly decide if the project will proceed to the development stage. The agreement also allows for Western Tidal to hold an investigative use licence for tidal power at Skookumchuck; however, any investigative work or development must be expressly approved by the Shishalh Chief and Council.
Western Tidal is a marine energy project developer operating in the coastal waters of British Columbia, Canada. The company has worked with several First Nation groups and has made applications to the Ministry of Forest, Land and Natural Resource Operations for investigative permits at fourteen project sites. Western Tidal is also in the process of identifying additional sites which it intends to review against its development criteria, and doing so in full collaboration with First Nations.
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Press release, February 4, 2014; Image: secheltnation