Scottish wave energy firm bags £7m extra funding

Scottish wave energy company Aquamarine Power has bagged £7million extra funding from its investors to commercialise its Oyster technology. The Oyster is a wave-powered pump which pushes high pressure water to drive an onshore hydro-electric turbine. Announcing the news today, Scotland’s First Minister Alex Salmond said: “This is great news for Scotland’s world-leading wave power […]