INDUSTRY NEWS
Find out what our members have been up to…
£64 million for Port Talbot offshore wind hub in the Celtic Sea
Up to £64 million to back Port Talbot’s development as the first port in the Celtic Sea specifically developed to support floating offshore wind. Up to £64 million to back Port Talbot’s development as the first port in the Celtic Sea specifically...
Momentum builds for Tidal Lagoon in Swansea
Plans to deliver a once in a generation tidal lagoon in Swansea Bay have taken a major step forward, following a landmark agreement between Swansea Council and Batri Ltd. The deal will see the former Tir John landfill site transformed into a major new solar farm,...
Anglesey Freeport gets £25 million boost to create jobs and growth
£25 million for seven projects to kick-start the Anglesey Freeport and drive economic growth across the island and North Wales has been announced. The Welsh Government, UK Government, Isle of Anglesey County Council and Stena Line UK have signed a Memorandum of...
Renewable Energy Sector Deal For Wales
Earlier today, Welsh Government launched the 'Renewable Energy Sector Deal for Wales'. The new Sector Deal brings together all parts of the renewables sector and aims to support the skills, supply chains and infrastructure needed to meet Wales’ 2035 target of...
Welsh Government invests £8 Million in Swansea firm to accelerate Deep-water Offshore Wind
Image: Marine Power Systems The Welsh Government has invested £8 million in Swansea-based company Marine Power Systems (MPS), to accelerate the commercialisation and scale-up of the company's deep-water offshore wind platform technology. Marine Power Systems (MPS) is...
Ocean Winds signs Agreement for Lease for Celtic Sea floating wind farm
Ocean Winds, a 50-50 joint venture between EDPR and ENGIE, has entered into an agreement for lease with The Crown Estate for a 1.5GW floating offshore wind project in the Celtic Sea, joining Equinor and Gwynt Glas in progressing some of the world’s largest floating...
Welsh Freeport projects secure £800,000 in grant funding
£800,000 in Government grants has been awarded to five Welsh Freeport projects. The Ministry of Housing, Communities and Local Government (MHCLG) has awarded £3.3 million in Site Accelerator Grants to 16 projects in total across the UK. The Site Accelerator Grants...
What does the UK’s National Wealth Fund’s five-year strategy mean for Welsh Marine Energy?
The National Wealth Fund (NWF) has released a five-year plan, promising to drive over £100 billion of investment into the UK's clean energy transition. Established as the government’s “principal investor and policy bank”, NWF’s...
Wales leads the way in tidal as three Welsh projects secure CfDs in record renewables auction
Wales has strengthened its position as the UK’s tidal stream leader, with three of the four successful tidal projects in the latest Contracts for Difference (CfD) renewables auction set to be deployed in Welsh waters. Four tidal stream projects totalling around 20MW...
New action plan agreed to improve marine energy consenting in Wales
A new three-year action plan has been agreed to improve the marine energy consenting process in Wales. Published by Wales’ Consenting Strategic Advisory Group (CSAG), the plan aims to tackle some of the most persistent barriers facing...