Seven developers including British, Spanish and US companies, secured contracts to develop a total of 53MW of tidal stream energy across four locations in the UK.
These include Orbital Marine Power, which was awarded two further contracts for difference (CfDs) totaling 7.2MW – building on the previous year’s allocation round where it also secured contracts for the same capacity.The CfDs will allow Orbital to expand its development of projects in Orkney with the construction of six floating tidal energy turbines now covered by the CfD scheme.
These additional turbines will be able to power to up to 9000 homes, supporting the UK’s security of supply, energy transition and broader climate change objectives. In addition, this means Orbital can make a significant investment in the UK supply chain as it sets about establishing series production of its innovative technology. Offshore Energy - link - Amir Garanovic muck rack link - tidal - more like this - link
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