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Investment boost for wave energy company

Posted: 24 Jul 2010, 06:48
by Aurora
BBC News - 23/07/10

Inverness-based AWS Ocean Energy, has received additional funding to develop its new wave energy system.

The Highlands company and its project partner, the University of Strathclyde, have received £350,000 from the Technology Strategy Board, to promote and support the system.

The investment will be used to develop their AWS-III device.

The funding is part of a £7m package awarded to nine wave and tidal projects in the UK.

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