Interreg France (Channel) England Programme has approved the biggest ever Interreg project that will prove to be game-changing for the European tidal stream energy sector.
Bringing together 19 organisations including Orbital, the Tidal Stream Industry Energiser Project, known as TIGER, is an ambitious €46.8m project, of which €28m (69%) comes from the European Regional Development Fund via the Interreg France (Channel) England Programme.
Andrew Scott, CEO, Orbital Marine said, “The TIGER project presents an exciting opportunity for Orbital Marine to deliver a step change reduction in what is already a proven, low cost approach to tidal stream energy. In doing so we can accelerate the era of commercial tidal stream power in both French and UK waters and beyond.”
Full Press release here: