PWP and Swedish utility company Vattenfall today announced a joint-venture to develop a wave power project off the Shetland Islands. The project, off the Shetland Islands west coast, will be up to 20 megawatts in size and potentially use around 25 Pelamis P2 machines.
The launch of the joint-venture, called Aegir Wave Power Ltd, is announced today, the same day that Vattenfall’s new office in Edinburgh, and the first in Scotland, is due to be officially opened by the First Minister, the Rt Hon Alex Salmond MP, MSP.
Neels Kriek, the new Pelamis Wave Power Chief Executive, said: “We are delighted to be working with Vattenfall on this ground breaking project which we hope will be one of many for our Scottish built P-2 Pelamis machine. We also anticipate this project being a leading candidate for the Scottish Government’s Saltire Prize for commercially proven wave power technology.”