• Text size      
  • Send this article to a friend
  • Print this article

£32m EC funding boost for tidal energy projects

TWO tidal energy projects in Scotland will share almost £32 million of European Commission funding.

The Sound of Islay scheme, developed by ScottishPower Renewables, will receive almost £16.8m to progress plans for 10 underwater turbines in a sheltered channel between the isles of Islay and Jura.

Meanwhile, the Kyle Rhea project will get almost £15m to build SeaGen turbines developed by Siemens subsidiary Marine Current Turbines.

The devices will be installed between the east coast of Skye and the Scottish mainland.

Lindsay Leask, senior policy manager for Scottish Renewables, said: "This is great news for the tidal industry in Scotland.

"It's this kind of financial commitment that helps harness further private investment."

Contextual targeting label: 
Finance

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

131436