Tidal Lagoon Power
The UK Government refused to back the tidal project last year, saying using public funds for the project could not be justified
Tidal Lagoon Power said the government’s assessment of Swansea Bay’s costs have not been accurately calculated
Developer Tidal Lagoon Power says the project in Wales will be much cheaper than Hinkley Point C nuclear power station
Tidal Lagoon Power has secured the grid connection for its project in Wales. It has reached an agreement with National Grid over plans to build the £8 billion project, which is expected to power every home in Wales. Located between Cardiff and Newport, it would be the first tidal lagoon power plant at full-scale. The […]
The developer of the £1 billion Swansea Bay tidal lagoon project has bagged a multi-million pound investment from Indian investors. Indian commodity tycoons the Gupta family have stuck “an eight-figure deal” to buy a “substantial stake” in Tidal Lagoon Power. The move is said to be part of the family’s wider strategy to invest in […]
A £300 million contract to build the world’s first tidal lagoon power plant in Swansea Bay has been awarded to a major Chinese firm. China Harbour Engineering Company will open a base in the UK and spend around half of the contract value on British workforce, partners and supply chain. It also plans to invest […]
Engineers have started work on a project to develop a £650 million tidal power lagoon (pictured) in Swansea Bay, which when completed would be the first purpose-built power plant of its type in the world. Contractor Environmental Scientifics Group will be investigating the seabed for four weeks and the results will determine the physical characteristics […]