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EU funding boost for Welsh renewables scheme

A scheme to boost the number of renewable energy schemes in Welsh waters has received funding from the EU.

The Seacams project, being delivered by Bangor, Aberystwyth and Swansea Universities, will get £1M from Brussels.

The initiative has so far involved research and development work with more than 60 companies.

With the EU cash, it will be expanded to data collection in the Anglesey Demonstration Zone. This data will be made available to businesses considering developing services and technologies in the area.

Welsh finance minister Jane Hutt said: “We are committed to combating the effects of climate change through maximising opportunities for sustainable growth, which is why I am pleased that EU funds are helping to provide a tailored programme that will enable businesses to maximise the opportunities presented by this emerging marine renewable energy market.”

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