SIMEC Atlantis Energy has stepped up its efforts to redeploy three MeyGen tidal turbines, after a setback faced with the reinstallation of the first turbine to the Caithness site.

Scottish tidal energy company Nova Innovation has secured €2.5 million to build an upscaled tidal energy turbine, expected to further slash the cost of tidal power.

French start-up Guinard Energies has unveiled plans to deploy a hydrokinetic turbine in the river Marne that will power the newly-established centre for environmental protection and preservation of biodiversity.

The Welsh Government has given its consent for the development of the Morlais tidal stream energy project set to be located offshore Holy Island.

Two tidal energy projects, led by major companies Nova Innovation and Magallanes Tidal Energy, have been selected to receive a share of £116 million to drive forward green innovation in the UK.

The UK’s tidal energy industry has welcomed the government announcement of ring-fenced funding for tidal stream energy, deeming the move as ‘absolutely pivotal’ for reinstating the industry on its journey to large-scale power generation in the UK.

Leading figures in the marine energy sector have warned that the UK’s world-leading position in tidal energy can only be maintained with ‘practical support from Government to match its undoubted goodwill’.

The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry.

Marine Renewables Canada (MRC) has launched an initiative aimed at providing education about renewable energy from tides and rivers.

A £1.7 billion project, expected to create thousands of well-paid jobs and place Wales at the forefront of renewable energy innovation, has been announced by an international consortium.