£2m boost will help AWS rule the waves
SCOTTISH wave energy firm AWS Ocean Energy has secured a £2 million investment from Scottish Enterprise's Scottish Co-investment Fund and a fund linked to Royal Dutch Shell.
The investment is the first extended to AWS by Scottish Enterprise but it is the second round of funding from Shell Technology Ventures Fund One.
Inverness-based AWS said the investment will allow it to plough ahead with plans to develop and deploy its wave power technology. It would also further its efforts to design associated technologies, such as mooring systems, for wider use in wave and tidal energy sectors.
Email to a friend
Print this page- Scottish independence: David Cameron set to snub Alex Salmond’s separation
- Fathers of Scots children murdered in Dunblane tragedy in plea to David Cameron over arms treaty
- Baftas: The Artist wins big as Meryl Streep wins best actress
- NBNK may look again at Clydesdale
- Why tax case casts long shadow over Rangers and beyond
- Scottish independence: David Cameron set to snub Alex Salmond’s separation
- Jim Murphy warns that independence could cost ‘thousands’ of defence jobs
- Labour rebel councillors could contest Glasgow May election
- Further jobs gloom on the way as north-south ‘chasm’ widens
- Analysis: Reliance on volatile oil price a tricky position
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Monday 13 February 2012
Today
Cloudy
Temperature: 3 C to 9 C
Wind Speed: 17 mph
Wind direction: West
Tomorrow
Cloudy
Temperature: 6 C to 9 C
Wind Speed: 20 mph
Wind direction: West
