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Home Business & Environment Business

£6m of new WATERS funding for wave and tidal developers

By Graham Huband
An Oceanflow tidal turbine
An Oceanflow tidal turbine

A further £6 million of funding is being made available to help progress new wave and tidal energy prototypes in the seas around Scotland.

Scottish Enterprise yesterday launched its third WATERS funding call after first two rounds saw £14.8m handed to six ambitious marine energy developers.

Energy Minister Fergus Ewing announced the cash on a visit to tidal energy developer Oceanflow. He said: “We know that the successful harnessing of ocean power takes hard work and persistence and the Scottish Government is determined to support those within the industry.”