Orbital Marine Power | Press Releases
“The tidal industry is at an exciting point; nowhere else in the world are thousands of homes being powered from predictable, renewable tidal stream energy other than Scotland. This achievement has been the result of a lot of hard work and commitment over the years from both Scottish Government and the industry.
As a Scottish technology developer who...
PRESS RELEASE: Abundance closes largest investment to date for Orbital Marine Power, raising £7 million for world’s most powerful tidal stream turbine
The UK’s leading peer-to-peer ethical investment company Abundance has closed its largest fund raise to date, raising £7 million for innovative Scottish tidal energy company Orbital Marine Power (Orkney).
Orbital Marine Power (formerly Scotrenewables Tidal Power) will use the...
At the Scottish Green Energy awards in Edinburgh last night (Dec 6th), Orbital Marine Power’s pioneering SR2000 tidal turbine scooped the Best Innovation Award after generating more power in one year than had been produced by Scotland’s entire wave and tidal energy sector in the 12 years prior to its launch. Andrew Scott, Orbital Marine Power’s CEO said: “It’s fantastic news that the judging panel selected us to win this prestigious award from a very high quality shortlist. It’s great recognition for the Orbital Marine team which has worked so hard over the years to deliver a new, truly innovative...