Company Performance Metrics
Jupiter Hydro develops a patented tidal and river technology that prove to be the most cost effective technology in the industry.
The company is in the process of proving this by building and testing the 3EB2X10.5 turbine shown below. Jupiter Hydro plans to put this unit into a demonstration site in the Bay of Fundy.
This 5 MW demonstration site
application c/w a Power Purchase Agreement (PPA) became a reality after Ross Sinclaire, Jupiter Co-CEO, and Robert Francki, Global Managing Director of Energy for Hatch Engineering, met with Keith Collins, Head of Renewables for the Nova Scotia Department of Energy. Keith saw the Jupiter advantages and encouraged us to apply for the 5 MW maximum under the newly created legislation.
Jupiter and Hatch, a 9000 employee Canadian owned international engineering firm, signed an agreement to work together in September of 2017 and Hatch loaned Jupiter money based on future equity in the company. Hatch will be engineering the units in this demonstration.
