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 Môn (Anglesey).
The investment will fund improvements to the turbines, enabling them to produce up to 60% more energy. The 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.
For further information please select the following link: Welsh Government backs tidal power with £2 million investment | GOV.WALES