21 Jun 2010 08:06:06
Further £6 million of funding
Wave energy developer, Aquamarine Power, announces that it has successfully raised an additional £6 million of funding.
This follows the recent unveiling of the design of its Oyster 2 device which will be built in Scotland later this year. This new, next generation 800kW device will deliver 250 per cent more power than the original Oyster 1 with only a 50 per cent increase in footprint. Oyster 1 has been successfully undergoing sea trials at the European Marine Energy Centre (EMEC) in Orkney since November of last year and is connected to the National Grid. See download for full release.