A Scottish project that aims to accelerate the commercial deployment of floating tidal energy has secured the European Commission’s support.
The €26.7 million (£22.7m) project will see the installation of turbine technology that will be integrated with a green hydrogen production facility and battery storage at the European Marine Energy Centre (EMEC) in Orkney, Scotland.
The project will be delivered by a pan-European consortium led by the Scottish developer Orbital Marine Power.
The consortium has secured €20.5 million (£17.4m) from the European Union’s Horizon 2020 research and innovation programme.
Rob Flynn, Commercial Manager of EMEC, said: “The project represents a major step forward for the commercialisation of tidal energy and we are delighted it has received this significant stamp of approval from the European Commission.”