Tocardo International has signed an exclusive dealership agreement to sell its renewable energy technology into South Korea.
Tocardo signed the deal with the German-Korean corporation Korwind. The company has extensive experience with the South Korean renewable energy market, and a strong track record of building trade links between Korea and Northwest Europe.
Tocardo is the only company in the world that produces and sells commercially viable water turbines. Its market-ready turbines can generate energy in any environment with flowing water: offshore tidal currents, or in-shore rivers.
From a geographic and economic point of view, South Korea is one of the world’s most promising countries for the application of tidal energy generation. Through its agreement with Korwind, Tocardo is one of the first to make its turbines commercially available there.