Thursday, Oct 31 | Funding, Marine Energy Wales News, META News, Pembrokeshire News
The Swansea Bay City Deal’s Joint Committee has this week signed-off a detailed business case for the £60 million Pembroke Dock Marine project, which will now be submitted to the UK Government and Welsh Government for final approval. The project that will place...
Monday, Sep 02 | Developer News, Funding
Marine Energy Wales welcomes the news that First Minister Mark Drakeford has announced more than £12m of EU funding for a Welsh marine energy scheme. The funding will support the next stage of Swansea-based Marine Power Systems’ project to create and launch an...
Thursday, Aug 08 | Developer News, Funding, Pembrokeshire News
Innovative wave energy technology developer Bombora has secured a seven figure working capital facility with the Development Bank of Wales in a move that will help secure the company’s future in Wales. Last year the company was awarded a £10.3m grant from the European...
Friday, May 31 | Developer News, Funding, North Wales News
The Welsh Government has announced their continued support to marine energy in Wales following the award of €14.9 million of EU funding for the next phase of Minesto’s tidal energy scheme in Holyhead Deep. Commenting on the funding decision, Minesto’s CEO Dr Martin...
Thursday, Nov 22 | Funding, North Wales News
Marine Energy Wales welcomes the recent announcement of the UK’s first Energy Investment Portfolio, worth an estimated £5 billion. The Morlais Marine Energy Infrastructure Project in Anglesey is one of eleven projects being offered to international investors. The...
Wednesday, Jul 04 | European News, Funding
Europe is spearheading the world’s ocean energy technology, and has today a strong pipeline of projects for a total capacity of 1 GW. But it did not accomplish this overnight. According to a recent Commission study, the continent has been spending €3 billion on...