Energy firm’s on a wave after award

A WAVE energy developer based in the Capital has won a major European Commission environmental award.

By The Newsroom
Monday, 28th May 2012, 1:05 pm

Aquamarine Power was awarded first prize in the product category for its innovative Oyster wave energy technology by European Commissioner for the Environment, Janez Potocnik.

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The company is currently commissioning its Oyster 800 device at the European Marine Energy Centre in Orkney and received the prize during a ceremony held at the Royal Museum of Art and History in Brussels.

Martin McAdam, chief executive officer of Aquamarine Power, said: “This award recognises the potential that innovative technologies such as Oyster have, not just in moving to a green energy future, but also in providing new growth areas for European economies and new opportunities for coastal communities reliant on declining natural resources.”