SIMEC Atlantis Energy announced on 25 March that MeyGen been awarded a £1.545mn grant from the Scottish Government to develop a subsea tidal turbine connection hub for the next phase of development of its tidal power array. The funding is hoped to be a key enabler for future array phases, which aim to deliver cost reductions in power production by connecting multiple turbines to a single export cable. Once proven, the hub will be made available to project developers to help to achieve cost-competitive commercial deployment across the tidal sector.
Tim Cornelius, CEO of Atlantis, said: “We are very grateful and appreciative of the Scottish Government’s continued support for tidal stream energy by awarding this grant to help fund MeyGen’s ongoing expansion. The first of its kind globally, the new subsea hub represents a significant milestone in the cost reduction path that tidal power is currently on and also has exciting application in the floating offshore wind market.”