Monday, 07 May 2007

Tudor Jones Harnesses East River Tides in Green Power's Latest Frontier

(Bloomberg) -- When the tide rushes into New York Harbor, a strange thing happens at the Gristedes supermarket on Roosevelt Island. The freezers, cash registers -- even the red neon ``Bagels'' sign -- hum with electricity from the rip coursing up the East River.

The power comes from six underwater turbines bolted to the river bottom by a little-known startup called Verdant Power LLC. Their 7-foot-long blades turn, silent and out of sight, until the flux crests. When the tide turns, the contraptions pivot 180 degrees and make juice on the ebb.


Read more at Bloomberg Exclusive News

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