New Funding Brings Tidal Stream Energy Project Closer

Bristol UK based Marine Current Turbines has received £ 3.85m from the Department of Trade and Industry (DTI) to help fund their SeaGen tidal energy project. The grant to Sea Generation Ltd , a wholly owned subsidiary of Marine Current Turbines , will go towards developing and testing the device for extracting energy from ocean currents. The new grant funding was announced by Energy Minister Mike OBrien at the British Wind Energy Association s recent annual marine conference.

An artists impression of the SeaGen twin rotor 1MW prototype system due for installation next year.

Bristol UK based Marine Current Turbines has received £ 3.85m from the Department of Trade and Industry (DTI) to help fund their SeaGen tidal energy project. The grant to Sea Generation Ltd , a wholly owned subsidiary of Marine Current Turbines , will go towards developing and testing the device for extracting energy from ocean currents. The new grant funding was announced by Energy Minister Mike OBrien at the British Wind Energy Association s recent annual marine conference.