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713 Scotland’s Orbital Marine Power secures €8 million investment to accelerate commercial tidal-stream projects

EU-Startups
Antonio L. Escárzaga @ EU-Startups · today 05:00 EDT

Scotland’s Orbital Marine Power secures €8 million investment to accelerate commercial tidal-stream projects

Orbital Marine Power, the Scotland-based operator of what it describes as the world’s most powerful tidal turbine, has secured a €8 million (£7 million) investment to support its international commercial pipeline and contribute to wider efforts to decarbonise energy systems. The round brings together existing shareholders, including Scottish Enterprise, alongside new investor PXN Ventures, the ...

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