Friday, 22 July 2011

Tidal energy device wins go ahead after EU cash boost

First Minister Carwyn Jones has announced that Wales’ first full scale tidal stream energy generator has been given the go-ahead following the injection of £6.4m of EU funding.

The money will enable the £11m DeltaStream device, which will generate clean electricity from the tides off the West Wales coast, to be manufactured ready for a trial installation in 2012.

Backed by the European Regional Development Fund through the Welsh Government, the funding provides a vital source of support for Cardiff-based marine renewable energy company, Tidal Energy.

Announcing the funding, the First Minister said: “Investing in renewable energy technologies is vital to build a low carbon economy and help drive forward Wales’ ambitions to become a more sustainable nation.

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