Renewables developer Tidal Energy has been awarded £390,000 by the Carbon Trust to help fund environmental monitoring at its consented Ramsey Sound demonstration site off the Pembrokeshire coast.
The grant comes weeks after the firm announced an £11M funding package for the manufacture and deployment of its 1.2MW DeltaStream device, which sits on the seabed without the need for a positive anchoring system. It generates electricity from three separate horizontal axis turbines mounted on a common frame.
The device will provide a sustainable source of electricity to homes in the city of St Davids during its 12 month demonstration period, starting from 2012.
“The Welsh Government believes that the deployment of tidal and wave devices off the nation’s 1,200km coastline could provide as much as 4GW of clean, predictable electricity by as early as 2025,” said Tidal Energy development director Chris Williams.