#SeaPower - A Scottish tidal energy company is launching a new round of funding to commericalise its developments in Orkney, as HydroWorld reports.

Scotrenewables has appointed Aberdeen-based financial advisors Simmons & Company International to lead the investment process after successful testing over the last year of its SR2000 2MW floating turbine, built at Harland and Wolff in Belfast.

The grid-connected device has reportedly supplied up to 25% of Orkney’s power demands at times, with recent figures hitting 20MWh per day. HydroWorld has much more HERE.