Funding boost to Northern Wales’ marine energy sector

September 30, 2016

On Thursday, the Welsh European Funding Office announced the news that more than £16m of EU funds will be invested in two North Wales projects. Almost £12m will support Bangor University’s SEACAMS 2 project, which aims to expand Wales’ marine energy sector over the next four years.

Dr Martin Edlund, CEO of Minesto, commented:

“Good news for the industry, especially in Wales, is good news for Minesto. Projects such as SEACAMS 2 not only grow further marine energy specialist competence, but it also has direct positive effects on the development of the tidal industry. There are several specific areas of high interest for Minesto within this WEFO-funded project.