24 Oct '11, 9am

Scotland announces £18m investment surge for wave and tidal arrays: business_green First minist...

Scotland's fledgling marine power sector has been given its second major boost in days, after the Scottish government unveiled an £18m fund to support the development of the country's first commercial wave and tidal power arrays. Scottish First Minister Alex Salmond announced the Wave and Tidal Commercialisation Fund on Saturday, confirming it will form part of a £35m pot recently earmarked to support green technologies. FURTHER READING Crown Estate climbs aboard offshore wind cost-cutting project Scotland follows Westminster with proposed changes to renewables subsidies Announcing the fund, Salmond reiterated his ambition for Scotland to maintain a pole position in the global wave and tidal market. "We know Scotland's waters are host to awesome forces and there is enough wave and tidal energy around Scotland to meet our demands for power several times over," he said, addi...

Full article: http://www.businessgreen.com/bg/news/2119416/scotland-ann...

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Wave House Membership Exclusive

Wave House Membership Exclusive

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