First Minister Carwyn Jones announced today that the European Regional Development Fund are providing a grant of £1.6 Million for the tidal energy project in Ramsey Sound, Pembrokeshire, run by Welsh firm Tidal Energy Ltd.
Harbour trials of the device – three independent 400kW turbines mounted on a triangular frame (as pictured)- will be taking place in Milford Haven later this year before it is deployed for a 12-month demonstration period in Ramsey Sound.
Martin Murphy, Managing Director of Tidal Energy Ltd said, “This is a really exciting time for us. We have all the necessary operating consents, have completed the grid work for the project, and are now preparing for our first at-sea tests. The remaining principal contractors are due to be placed shortly, we have recently invited tenders for fabrication and we are also expanding our team at our Cardiff headquarters”