ocean energy

Welsh Government backs tidal power with £2 million investment

The Welsh Government has completed a £2 million equity investment in tidal energy firm Inyanga Marine Energy Group, reinforcing Wales' commitment to developing renewable energy. The investment will help test improved tidal turbines in real sea conditions at the Morlais tidal energy site off Ynys Mon (Anglesey).
Welsh Government backs tidal power with £2 million investment
HydroWing technology. Courtesy of the Welsh Government.

This will enable them to produce up to 60 percent more energy. These turbines will power most of the tidal energy projects planned for the Morlais site.

Morlais is located in an area known for its strong tidal currents. The 35 square kilometre site has the potential to generate enough electricity to power over 180,000 homes once fully developed and is one of Europe’s largest consented tidal energy projects.

The Welsh Government has committed to making Wales a world centre of emerging tidal technologies, with this latest announcement aligning with the First Minister's key priorities of building a stronger, greener economy and tackling the climate emergency.

“This investment is a big step forward for Wales' clean energy future” said First Minister Eluned Morgan. “Tidal energy offers reliable, clean power and creates quality jobs in coastal communities where they're needed most. By investing in innovation, we're putting Wales at the forefront of marine energy technology. The improved turbines will explore making tidal energy more practical, helping speed up the global move away from fossil fuels. Following my visit to the international Wind Europe conference in Copenhagen last month, today’s investment shows how serious we are about renewable energy and its important role in meeting our future energy needs.”

For additional information:

Welsh Government

Inyanga Marine Energy Group

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