Inyanga, Verdant sign MoU for Europe's largest tidal energy project in Wales
Inyanga Marine Energy Group and Verdant Morlais Ltd (VML) announced they have signed a Memorandum of Understanding to deliver a 4.9 MW tidal stream energy project at Morlais in Wales. This will be the largest consented tidal energy scheme in Europe, the companies said in a statement.
Under the agreement, Inyanga Marine Energy Group will deliver a full engineering, procurement, construction and installation solution to VML for the 4.9 MW project in conjunction with a long-term operations and maintenance contract.
The project will take place in a berth close to the 10 MW project awarded to Inyanga through the UK Government 'Contracts for Difference' Allocation Round 5 in September 2023, which will utilise Inyanga's patented HydroWing tidal stream technology.
VML was also awarded its Morlais project in Allocation Round 5. The company is a joint venture established by Verdant Power, Inc. (New York, USA) and Duggan Brothers Contractors Ltd (Ireland) to assess and develop tidal energy projects in Ireland and the United Kingdom.
Joe Klein, VML Board Director, said: "Verdant Morlais is delighted to announce this new partnership with Inyanga Marine Energy Group. Connected to the national grid and with all necessary infrastructure provided, the Morlais demonstration site is unique worldwide and it represents a significant opportunity for the tidal energy industry in general. We are looking forward to deploying the first 4.9 MW phase of our commercial project at Morlais, with buildout of an additional 25 MW to follow."