wave
A total of 91 MPs have signed a letter to Energy Minister Claire Perry calling for her to ensure the UK capitalises on its wealth of marine energy resources
Around 2,300 investors provided an average of £3,000 each
Inverness-based AWS Ocean Energy and Edinburgh’s Mocean Energy have received the financing from Wave Energy Scotland
The move marks the start of the second stage of securing public funding for its tidal technology
They are developing an innovative anchor and mooring system for marine energy turbines
Both solar power as well as wave and tidal also received backing from 83% of people
This makes it the first device supported by Wave Energy Scotland to do so
The money will be spent on feasibility testing for the firm’s tidal energy technology
The 434 contracts signed were worth up to £7.5m each
DTOcean+ is an initiative to develop software to help technology companies trial wave and tidal energy concepts