Scottish Renewables has responded to announcement that the European Commission has awarded support from the NER 300 fund. Kyle Rhea Tidal Turbine Array will be offered €18.4m euros and the Sound of Islay €20.7m euros.
Lindsay Leask, Senior Policy Manager for Scottish Renewables, said:
“This is great news for the tidal industry in Scotland with a significant level of new European funding being announced.
“It’s this kind of financial commitment that helps harness further private investment which will secure our position as a centre of global excellence for the marine energy industry for years to come.”
[mappress]
Press release, December 19, 2012; Image: scottishrenewables