Edinburgh-based tidal energy leader Nova Innovation has been awarded a grant of £265,000 by Cronfa Cymunedau’r Arfordir (Coastal Communities Fund) to help to establish its operations in Wales.
The funding, which will be spread over a three-year period, will help to support four full-time posts in North Wales and the establishment of a turbine assembly facility, supported by a robust supply chain for Nova’s projects in Wales.
Nova is currently developing two tidal energy projects in Wales – at Enlli (Bardsey Sound) on the Llyn peninsula, where the company is working closely with community group YnNi Llŷn, and at the Morlais Demonstration Zone off Anglesey.
