The wave energy developer Aquamarine Power has secured over £3 million in funding from the Scottish government to support the development of its next-generation Oyster wave energy device.
The company received the grant from the Wave and Tidal Energy: Research, Development and Demonstration Support (WATERS) fund, run and administered by Scottish Enterprise on behalf of a collaborative venture involving Scottish Enterprise, Scottish government and Highlands and Islands Enterprise.
The funding
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A new exciting technology to harness the power of waves and turn it into green energy was announced this week.
A giant machine called' Oyster' is being installed on the seabed of the Atlantic Ocan off Scotland’s Orkney Islands.
This autumn Oyster it will undergo demonstration trials to prove whether its innovative technology could lead to a commercial source of renewable energy for use in seashores around the world.
In contrast to many other wave power devices, Oyster uses hydraulic
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