€3.9M Innovation Funding for Tidal Energy In Orkney

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News

The European Commission has awarded just over €3.9 million (£3.1 m) to support tidal energy testing and demonstration in Orkney waters.

Awarded under the Fast Track to Innovation (FTI) scheme, the funding is split between two projects – the InToTidal project and Ocean 2G.

The InToTidal project, led by Tocardo, will demonstrate integrated deployment solutions for the company’s well-developed tidal turbines. The project’s partners are the European Marine Energy Centre (EMEC), Leask Marine, and Ifremer.

The Ocean 2G project is being led by Magallanes, and brings together EMEC, Leask Marine and ABB to help develop the second generation Magallanes tidal technology.

Read the press release here

Source: EMEC