The Welsh Government announced their continued support to marine energy in Wales following the award of âŽ14.9 million of EU funding for the next phase of Minestoâs tidal energy scheme in Holyhead Deep.
Marine Energy Wales welcomes the recent announcements from Minesto, Morlais and ORE Catapult as positive indicators of the growing Welsh industry.
Commenting on the increase in activity in Wales, David Jones, Project Director of Marine Energy Wales, said, âThese new announcements show that the marine energy sector is continuing to grow in Wales, based on the Welsh Governmentâs commitment to developing a new low carbon industry. Whether the UK holds onto its global lead will ultimately depend on the UK Governmentâs ambition to support homegrown innovative technology and socio-economic activity in peripheral coastal regions.â