Main navigation

Latest news

Renewable firm awards £2m contract

13 January 2009

A Scottish renewable firm has awarded a £2 million contract for the design and construction of a tidal stream device.

Swiss firm ABB has been awarded the contract to design Aquamarine's 2.4-megawatt Neptune device.

The agreement also includes the installation and commissioning of the device in the European Marine Centre in Orkney.

Martin McAdam, chief executive of Aquamarine, said: "With 20 years' experience in the wind-power sector, ABB is the right company to deliver our first tidal-power generating system."

Scotland is bidding to become a global centre for ocean energy, with First Minister Alex Salmond having voiced his desire to make the country the 'Saudi Arabia' of marine power.

The government recently launched a £10 million prize, which will be awarded to a renewable firm which develops a wave of tidal power technology which delivers 100 gigawatt hours over a continuous two-hour period.

According to Mr Salmond, the Saltire Prize has attracted interest from around the world.

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the Energy Saving Trust.

Author: Administrator User