Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects.
Guvendemir | E+ | Getty Images
Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power project planned for Singapore, as the emerging marine energy sector gains traction.
The demonstration project, run by Singapore-owned Bluenergy Solutions, is focused on the development of off-grid tidal power systems. The hope is that they could one day replace diesel generators.
The scheme will see three-bladed turbines — parts of which bear a resemblance to the ones used on wind farms — deployed underwater.
NYK said it would be working on three areas as part of the off-grid project: energy storage, the cost of power generation and the efficiency of power generation.
Established in 1885, Tokyo-listed NYK is involved in bulk shipping, air cargo…