Tidal turbine developer Nova Innovation has been awarded US$3.14 million from the Scottish government to help build a marine energy array off the Shetland coast.
The funding, given in the form of a grant and loan from Scottish Enterprise, gives Nova and its partner, Belgian energy company ELSA, close to $6.4 million in total funding.
The partners are using the money to develop a 500 kW tidal array in Bluemull Sound which, Nova said in May, is already home to the world’s first community-owned tidal turbine to generate electricity.
“The Scottish government will do everything we can to ensure Scotland benefits from the significant economic opportunities the renewables industry represents,” Scottish Minister for Energy, Enterprise and Tourism Fergus Ewing said.
HydroWorld.com reported that the Crown Estate had awarded a contract for development of the site in December 2011.
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