26 May '13, 2pm

Aquamarine Power Gets Clearance to Build 40 MW Ocean Energy Project

Approval from the Scottish government will allow hydrokinetic developer Aquamarine Power to construct what will become the world's largest fully-permitted ocean energy site. The project is to be located off the northwest coast of Lewis, Scotland, and will produce 40 MW of energy when complete. "This is a significant milestone for our company," Aquamarine CEO Martin McAdam said. "The goal of our industry is to become commercial, and to do this, we need two things: reliable technologies and a route to market. Our engineers are currently working hard on getting the technology right, and we now have a site where we can install our first small farm." Aquamarine Power , via its wholly-owned subsidiary, Lewis Wave Power Limited, will begin installing generating units after the necessary grid infrastructure has been placed over the next few years. The project will use Aquamarine's...

Full article: http://www.renewableenergyworld.com/rea/partner/hydro-gro...

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