UK-based Inyanga Marine Energy Group has raised £3.7 million (approximately $5 million) in fresh investment to support the build of a tidal energy demonstrator for the Morlais project in Wales. According to Inyanga, the funding round includes backing from the British Business Bank via The FSE Group
U.S.-based ammonia-to-power solutions provider Amogy has secured an additional $23 million in venture financing to advance development of its maritime products and support expansion into Asian markets.
