11/09/2023
"Everyone at Verdant Isles (a joint venture company established by Verdant Power) is excited and honoured to hear of the award. The Morlais project represents a meaningful step forward for the tidal energy industry in general as well as the UKâs green energy efforts in particular. This news supports the UK commitment to provide predictable and environmentally compatible renewable tidal energy for the future." -Joe Klein, Verdant Power CEO, President, Board of Directors
The latest results of the UK Governmentâs renewable auction, the Contracts for Difference scheme, was described as âcatastrophicâ for the offshore wind sector. But tidal stream energy in the UK was awarded a huge boost, with 11 companies successfully gaining contracts. The auction awards a 15-...