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Friday, April 19, 2024
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The Energy Challenge Fund News

03 Sep 2019

Scotland Funds World's Most Powerful Tidal Turbine

The Scottish Government announced that it has awarded engineering company Orbital Marine Power GBP3.4mln (USD 4.1million) in funding for its floating tidal turbine, which is the world’s most powerful.The Scottish engineering company is the first recipient of the Scottish Government’s GBP10 million Saltire Tidal Energy Challenge Fund.The funding will be used to deliver the next generation O2 2MW Floating Tidal Energy Turbine, capable of powering more than 1,700 homes per year.Scotland’s Energy Minister Paul Wheelhouse said: “We have established a world lead in marine renewable technologies and this project represents a significant step forward in technological development.

01 Nov 2012

Subsea UK and OPITO Awarded Vital Funding

Subsea UK and OPITO have each been awarded part of a £2million fund aimed at attracting vital new entrants into the industry and helping people to diversify their skills. Scotland’s leading diver training facility, The Underwater Center in Fort William, has also secured a share of The Energy Challenge Fund, set up to help tackle the current skills shortage in the oil and gas industry. The Fund, managed on behalf of the Scottish Government by Skills Development Scotland (SDS), will support employers’ skills needs to build on the talent pool in Scotland’s burgeoning energy sector. The training is aimed at helping people to gain the qualifications necessary for working in oil and gas, including the subsea sector, as well as renewables and micro-renewables.