HydroWing has opened a new office in Wales to support the development of its tidal stream energy project at Morlais on Anglesey.
The company has been awarded a contract through the latest round of the UK Government’s Contracts for Difference allocation for the 10MW tidal stream energy project, the UK’s largest consented tidal energy scheme.
Richard Parkinson, chief executive of Inyanga Marine Energy Group, the parent company of HydroWing, said: “Our vision is to become the world leader in tidal array technology.
“Our project at Morlais will be a key step on this journey and opening the new office in Wales is an important milestone for us.”
The new office is based at M-SParc, a science park on Anglesey, owned by Bangor University.
The office will be led by commercial manager Osian Roberts.
Parkinson added: “Commercialisation of tidal stream energy has so far been held back by high operations and maintenance costs.
“Our HydroWing technology meets that challenge head on.
“It will help unlock the commercial viability of tidal stream energy around the world, offering a low cost, reliable source of renewable energy for generations to come.”
HydroWing technology is based on a unique patented modular design that dramatically improves the cost-efficiency and production of tidal stream energy.
The HydroWing project at Morlais will be deployed in 2027.