Marine energy investment in Wales now over £68m

Investment in Wales’ marine energy sector has reached £68.3 million, according to a new report.

Marine Energy Wales found £23m had been invested since 2015.

Developers are expected to invest £1.4 billion over the next five years.

> Download the report

Global renewable capacity pushes past 2TW

Global renewable energy generation capacity increased by 161GW in 2016 to hit just over 2TW, according to the International Renewable Energy Agency (IRENA).

IRENA Director-General Adnan Amin said: “We are witnessing an energy transformation taking hold around the world, and this is reflected in another year of record breaking additions in new renewable energy capacity.”

A record 71GW of new solar energy led last year’s growth.

> Read IRENA's report

Tidal power firm Atlantis in Indonesian agreement

Atlantis Resources, which is developing the MeyGen project in Scotland’s Pentland Firth, has been selected to supply turbines to SBS for its 150MW tidal-stream array at Lombok in Indonesia.

Perusahan Listrik Negara, the state-owned electricity company, has signed a 25-year power purchase agreement (PPA) with the project.

SBS has been awarded exclusive development rights for a further two offshore sites around the islands of Lombok and Bali, which together have a combined ocean energy capacity of 450MW.

> View Atlantis' announcement

Low-carbon buildings sector calls for Government action

Thirty construction, heat and energy efficiency businesses have written to Business & Energy Secretary Greg Clark calling on him to publish a “clean growth plan”, outlining polices to reduce emissions from homes and offices.

Companies that made the call included Arup, BAM Construct and B&Q-owner Kingfisher.

Gareth Redmond-King, Head of Energy and Climate Change at WWF, said: “The low carbon economy represents a huge opportunity for UK businesses, so it’s no wonder that they’re desperately looking for longer term clarity that will enable them to invest in the technologies that we know can help to tackle climate change.”

> Read the letter

Port secures offshore wind farm work

The Cromarty Firth Port Authority has won a contract from the Beatrice Offshore Wind Farm to store components for turbines and provide office space at Invergordon.

The nearby Nigg Energy Park is being used for the construction of the wind farm.

News of the contract came as Beatrice developer SSE revealed the members of the independent panel who will decide which projects receive cash from the £3 million Beatrice Partnership Fund.

> See SSE's statement