Funding flows to flagship Welsh tidal power project

clock

Tidal Energy confirms it has raised £11m to fund rollout of 1.2MW demonstration device

Plans for one of the UK's largest tidal energy projects moved a step closer to reality this week as Welsh developer Tidal Energy Ltd confirmed it has secured £11m in new funding. Announcing the funding...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Marine

Offshore wind: Peel Ports commits further £10m to Great Yarmouth Port expansion

Offshore wind: Peel Ports commits further £10m to Great Yarmouth Port expansion

Set to be rebranded the 'Port of East Anglia', it is being expanded to support the next generation of major offshore wind projects across the region

clock 30 October 2025 • 2 min read
 Torpoint chain ferry embarks on decarbonisation voyage

Torpoint chain ferry embarks on decarbonisation voyage

New project aims to create scalable model for zero-emission short sea crossings

clock 17 October 2025 • 2 min read
Study to explore electric ferry link between Cornwall and Isles of Scilly

Study to explore electric ferry link between Cornwall and Isles of Scilly

Deep dive to gauge technical and commercial viability for electric only corridor on popular shipping route

clock 05 August 2025 • 2 min read