The industry has warned the government’s current budget for this year’s CfD auctions will not unlock the potential investment in wind, solar and tidal projects

The Morlais project would see a development on 13 square miles of seabed, generating up to 240MW of electricity from the power of the tides

The government will invest £20 million every year in tidal stream electricity

It will fund the manufacturing and distribution of the Edinburgh-based firm’s innovative subsea tidal turbines and boost its presence across the UK and expand into new global markets

They will combine their expertise to drive the rapid scale-up of installed capacity in the tidal energy sector in the UK and France

Nuclear Industry Association, RenewableUK and Solar Energy UK are calling for urgent action to build new wind, nuclear and solar capacity