Welsh Government backs tidal power with £2 million investment

Leading Tidal Energy Expansion Project Highlighted at Marine Energy Wales Conference

Ambition North Wales has welcomed recognition given to its Cydnerth project during speeches by the First Minister and the Secretary of State for Wales at the Marine Energy Wales conference. Forming part of the North Wales Growth Deal, Cydnerth is an investment in the Morlais tidal energy scheme run by social enterprise Menter Môn. The project will support Morlais expansion – delivering benefits such as driving economic growth, high-quality jobs,…

Welsh Government takes £2m equity stake in Cornish tidal energy firm

Its investment will be deployed by Inyanga Marine Energy Group to test and deploy its tidal turbine technology off the coast of Anglesey

Ocean currents drive returns

Tidal energy is no longer a fringe idea. With cutting-edge turbines spinning beneath the waves, this sector is quietly engineering a revolution, and investors are paying attention. With government backing, proven technology, and long-term scalability, companies like SAE Renewables are transforming tides into consistent cash flows. The race to decarbonise global energy is accelerating, and tidal energy is rising to meet the challenge with unmatch…

Welsh government invests £2 million in Inyanga Marine Energy

The Welsh government has invested £2 million into Inyanga Marine Energy to support the growth of Wales’ marine energy sector.

Welsh government to advance tidal energy

The Welsh Government has made a £2m equity investment in tidal energy firm Inyanga Marine Energy Group to support tidal energy development.

Welsh Government backs tidal power with £2 million investment

THE WELSH GOVERNMENT has completed a £2 million equity investment in tidal energy firm Inyanga Marine Energy Group, reinforcing Wales’ commitment to developing renewable energy. The investment, to be announced by First Minister Eluned Morgan at today’s Marine Energy Wales Conference in Cardiff, will help test improved tidal turbines in real sea conditions at the Morlais tidal energy site off Ynys Mon (Anglesey). The investment will fund improvem…