
Scottish company Mocean Energy has secured €3.74 million in EU funding to develop and deploy a 250kW wave energy device offshore Orkney, as part of the EuropeWave project.

EuropeWave project has selected three finalists – CETO Wave Energy Ireland, IDOM Consulting and Mocean Energy – to fabricate, deploy and demonstrate their prototype designs in the third and final phase of the collaborative wave energy project.