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Investment boost for wave energy company

 
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Aurora



Joined: 24 Jan 2007
Posts: 8502

PostPosted: Sat Jul 24, 2010 6:48 am    Post subject: Investment boost for wave energy company Reply with quote

Quote:
BBC News - 23/07/10

Inverness-based AWS Ocean Energy, has received additional funding to develop its new wave energy system.

The Highlands company and its project partner, the University of Strathclyde, have received 350,000 from the Technology Strategy Board, to promote and support the system.

The investment will be used to develop their AWS-III device.

The funding is part of a 7m package awarded to nine wave and tidal projects in the UK.

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