Articles Filter

Cash boost for Welsh marine

Coastal Communities Fund finance creates new job and 80 indirect jobs

Cash boost for Welsh marine image

Marine Energy Wales has received funding from the Coastal Communities Fund for its marine energy test area (META) project.

The project aims to create pre-consented testing areas in the Milford Haven waterway for technology developers to deploy non-grid connected wave and tidal energy devices.

The funding will be used to create one new full time job with Marine Energy Wales and 80 indirect jobs, as well as safeguarding four existing positions.

Marine Energy Wales project manager Louise Rigby Williams said: “We are delighted that this funding will allow us to continue to play a key role in Wales’ ambitions to become a global leader in marine energy.

“META will provide yet another incentive for developers to bring their projects to Wales and will support our peripheral economies by creating jobs, encouraging innovation, and the clustering and diversification of our local supply chain.”

Marine Energy Wales said it is awaiting additional funding to complete financing of the project.

The next steps include local stakeholder engagement to help identify areas and the necessary leasing and licencing, it added.

META is one part of the £76m Pembroke Dock Marine project to develop a centre for marine energy development. 

Image: Milford Haven (Marine Energy Wales)

Other Tags

Free Trial

To receive the next 3 issues of reNEWS complete the form below

 Yes, I would like to receive marketing emails from reNEWS including special offers.

Please leave this field empty.