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Wave and tidal power industries to receive a £20m Crown Estate cash injection

The Crown Estate has indicated that it will be investing £20m in the wave and tidal power industry, though the funding is only likely to be enough for two wave or tidal projects. The body is inviting companies to bid for the cash, with a deadline of 15 February 2013 for applications. A final decision on investment will be made by March 2014. To be eligible, projects must already have a lease agreement with the crown estate, and have or be able to obtain the relevant statutory consents and grid connection agreements.

News Item details


Websites: http://www.guardian.co.uk

Keywords: Tidal - Wave - Wave and Tidal

Countries: UK -

Organisation: The Crown Estate

Subjects: Funding

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