Marine energy device developers in Cornwall have been given a £2 million funding boost.
The money is from the European Regional Development Fund (ERDF) and will be made available for two years to support the development and deployment of devices at the FaB Test and Wave hub facilities.
FaB Test is a non-grid connected nursery test site for concept and prototype device in Falmouth Bay, and Wave Hub is a grid-connected site 10 miles off the north Cornish coast.
The funding can be used to support a range of development costs, including feasibility studies, product design, installation, and berthing fees.
The general manager of Wave Hub, Claire Gibson praised the boost, saying that the money was a “welcome boost” and that she hoped “it will act as a catalyst for device deployments”.