£6m to support wave and tidal energy prototypes

The Scottish marine energy sector is receiving funding worth £6 million to trial new wave and tidal prototype devices in the nation’s waters. Scottish Enterprise is launching the third round […]

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By Priyanka Shrestha

The Scottish marine energy sector is receiving funding worth £6 million to trial new wave and tidal prototype devices in the nation’s waters.

Scottish Enterprise is launching the third round of the remaining funding from the initial WATERS fund in collaboration with Highlands & Islands Enterprise. Six marine energy developers benefitted from £14.8 million worth of funding from the previous two rounds.

Energy Minister Fergus Ewing said: “This latest funding round follows the success of our earlier WATERS support to help developers bring their devices to full-scale testing.

“We know that the successful harnessing of ocean power takes hard work and persistence and the Scottish Government is determined to support those within the industry.”

Companies based in Scotland and Scottish subsidiaries of overseas companies are invited to submit project proposals for a share of the fund.