Following a successful crowdfunding campaign and obtaining funding from WEFO, MPS is set to build their first commercial demonstrator device in Wales. Swansea-based Marine Power Systems (MPS) reached a £1.5m crowdfunding target in just two weeks after launching and then moved into overfunding, now at over £2m. They have also successfully obtained support from WEFO[…]
Monthly Archives: August 2020
Swansea-based company is developing a flexible ocean energy extraction technology that can harness wave energy, wind energy and combined wind and wave energy at grid scale. All the machines share a common floating platform technology said to have cost and deployment advantages over other floating platform approaches. The company behind the above-mentioned developments is Marine[…]