Nine U.K. Marine Energy Projects Ride New Wave of Investment
GALWAY, IRELAND--July 29, 2010 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Nine leading wave and tidal technologies under way in the U.K. have received vital funding to speed up their development. An investment of £7 million ($10.9 million) has been allocated through a collaborative research and development funding competition and aims to help drive down the cost of energy while improving the reliability and performance of wave and tidal stream energy devices.