Scottish tidal energy firm Current2Current gets GBP-100,000 grant
Source: Current2Current Ltd (C2C). License: All Rights Reserved.
Current2Current Ltd, a developer of tidal energy technology, has recently secured a GBP-100,000 (USD 131,000/EUR 119,000) grant from Scottish Enterprise, the latter said today.
The grant supports a GBP-260,000 research and development (R&D) feasibility project that the Aberdeenshire-based company will carry out over the next six months. Current2Current has received match funding from a private investor.
The money has enabled further development of the firm's tidal energy converter (TEC) that will generate electricity from ocean currents and tides, according to the announcement. Current2Current has tested a 2-metre (6.6 ft) diameter working prototype in the North Sea offshore Newcastle. It is now preparing an extended test programme, while also working on the development of a 4-m diameter pre-production prototype device.
Current2Current managing director Brian Barnard said the company looked forward to the testing of its device later in the year.