Orkney tidal energy firm clinches £7m investment target
An Orkney-based marine energy firm has clinched a multi-million investment target to build the world’s most powerful tidal turbine.
An Orkney-based marine energy firm has clinched a multi-million investment target to build the world’s most powerful tidal turbine.
Orkney-based tidal turbine firm Orbital Marine Power last night scooped an awards double at the Institution of Engineering and Technology annual achievements awards in London.
Research funding worth more than a million pounds has been awarded to an Orkney tidal firm to improve the performance of its floating tidal turbine.
A leading Orkney-based tidal turbine firm today announced a complete rebrand while launching a parallel £7 million investment offer.
A multi-millionaire technology developer has been named as the new investor in tidal firm Scotrenewables.
A renewables boss has said the tide may be turning for marine energy in Scotland, but warned the sector is at “real risk” due to the removal of government support.
The European Marine Energy Centre (EMEC) based in the Orkney Islands has been named among the top 200 most influential world projects.
New performance data released by Orkney-based Scotrenewables show that its SR2000 tidal turbine delivered significant generation despite being battered by heavy North Atlantic storms.
The Scotrenewables Tidal Power SR2000 2.2MW floating tidal turbine has hit 1GW of tidal energy in record time at the European Marine Energy Centre (EMEC) in Orkney.
The European Marine Energy Centre (Emec) will showcase the pioneering work taking place in Orkney for European officials later this month.
Orkney firm Scotrenewables Tidal Power (STP) has been awarded a £7.75million grant to advance the commercialisation of its floating tidal-energy technology, it was announced today.