Orbital Marine Power | Press Releases

The Future Generation of 'Clean Energy from the Sea' - 29 May 2013

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Scotrenewables were delighted to host a group of pupils from Sanday Junior High School this week at our Wave Test Centre facility in Stromness.   The pupils were testing their own generating wave device – “The Urchin” in the test tank. Their work has already taken them to the finals of this year’s Junior Saltire Prize, a marine energy themed award scheme for primary and secondary pupils throughout Scotland, and we wish them luck for the Final on 14 June 2013.

Their visit coincided with the Crown Estate’s launch of their new offshore renewables education project “Clean Energy...

Further Testing Success - May 2013

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The company's SR250 prototype has just completed a 6 week continuous deployment at the EMEC tidal test site.  The turbine continued to exceed expectations - operating in strong current and significant swell conditions without any failures.

The test programme has clearly demonstrated the potential of SRTP's floating tidal turbine technology to deliver significantly reduced Costs of Energy compared to seabed-mounted turbines, due to rapid low-cost installation and greatly simplified onsite and harbour-side access and maintenance. 

Testing of the SR250 is due to continue until the end of 2013 when the company will then turn its focus to its next-generation commercial...

SRTP Welcomes UK & Scottish Ministers - August 2012

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Scotrenewables Tidal Power recently hosted two high profile ministerial visits - from the UK Energy Minister Greg Barker and the Scottish Deputy First Minister Nicola Sturgeon. In late July UK Energy Minister Greg Barker viewed the SR250 prototype at Hatston Pier as part of a marine renewable energy-orientated tour of Orkney. One day prior the Minister announced the launch of the Pentland Firth and Orkney Waters Marine Energy Park - a first for Scotland.    

UK Energy Minister Mr Greg Barker Visit to Orkney – Tuesday 31st July 2012 

In late August Scotrenewables hosted a visit from...

Major New Investment Announced - 13 December 2012

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Scotrenewables Tidal Power Limited is pleased to announce that it has agreed terms in respect of a major financing package totalling £8.84m which includes £1.24m in public funding from the Scottish Government as well as £7.6m in private investment from a trio of multi-national backers. The deal will see both of SRTP's long-standing investors, shipping and renewable energy specialists Fred. Olsen and oil major TOTAL, participating in this round along with a new investor partner in ABB Technology Ventures. ABB-TV is the venture capital arm of the Swiss power and automation multinational and its decision to invest will...