Mocean Energy secure £3.2m of EU funding

Sep 2023

We always like to share good news about our portfolio companies and we are all delighted that Mocean Energy has secured £3.2 million of EU funding to develop a 250kW wave machine in Orkney.
Having successfully deployed their wave energy converters at a small scale, this milestone brings Mocean Energy a step closer towards creating wave farms in the UK and generating home-grown green energy.
Congratulations to Cameron McNatt and the team!

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Categorised as 2023