Department of Energy Announces $38 Million to Support Hydrokinetic Turbine Technology Development
(WorldNews Environment)

WASHINGTON, D.C. - Today, the U.S. Department of Energy announced up to $38 million in funding for a new Advanced Research Projects Agency-Energy (ARPA-E) program, Submarine Hydrokinetic And Riverine Kilo-megawatt Systems (SHARKS). The program seeks to design economically attractive Hydrokinetic Turbines (HKT) for tidal and riverine currents. `America`s tidal and riverine currents remain a valuable resource for the generation of clean and...