Three wave energy companies have won £2 million of funding for a joint project.

They are working on a technology which can be attached to different devices and converts their movement into electricity.

Aquamarine Power, Bosch Rexroth and Carnegie Wave Energy have so far developed a tenth-scale prototype of the Wave Power Offtake Device – or WavePOD.

It is being tested at the Institute for Fluid Power Drives and Controls (IFAS) at RWTH Aachen University in Germany.

The funding from Wave Energy Scotland will allow the team to complete the testing phase and deliver the design and specification for a full-scale product.

Paddy O’Kane, CEO of Aquamarine Power said: “The WavePOD project addresses head-on one of the major challenges in the wave energy sector – how to convert the motion of a wave machine into electricity, both reliably and cost effectively.”