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Energy & Power

Tocardo BV

Company Profile Analysis

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Tocardo BV - Energy & Power showcase

Year Founded & Workforce

Not available

Industry

Energy & Power

Services

T

Tocardo BV Overview

Tocardo BV is among one of the leading tidal energy solutions providers. It operates by providing solutions within the business segments including inshore, offshore, smart-grids, and river. The company has setup its first prototype at Afsluitdijk, which has been functional from the last seven years. It began distributing equipment and services in 2012 and has clients in countries including Nepal, Japan, and Canada.

The company has setup multiple tidal projects around the world. For instance, Tocardo has installed five turbines in an array in the Eastern Scheldt storm surge barrier, which is one of the largest tidal projects in the world. Tidal energy is a new concept and there are many difficulties in installing and managing the turbines and other equipment installed underwater. However, Tocardo has setup many systems in and around the Netherlands to showcase the feasibility of such projects.

Strategy

Tocardo strategizes to setup numerous projects in the Netherlands to showcase the use of such technology. This would promote the adoption of the technology, which is a new business process in the energy segment and has risks associated with it. Additionally, the company is focused on expanding its services in countries with close proximity to flowing water bodies.

SWOT Analysis

Strengths

  • Experience in tidal energy
  • Strong R&D team
  • Wide applications in remote areas

Weaknesses

  • Difficulty in installation
  • Difficulty in maintenance of equipment

Opportunities

  • Growing demand from Asia-Pacific

Threats

  • Other sources of renewable energy
  • Slow adaptation rate

Key Developments

DateApproachDevelopment
January 2019Contracts & AgreementsGE announced an agreement to install a Haliade-X 12 MW wind turbine in Rotterdam, the Netherlands.

Product Offering

  • Tocardo BV
    • Tidal Energy

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Tocardo BV as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Tocardo BV

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