PTEC-Underwater-turbines - and keplar scheme
Without the "financial support mechanism" in place, officers say it would be unwise to move forward with the scheme, so the Perpetuus Tidal Energy Centre (PTEC) which promised skilled jobs and renewable energy is on hold. It's unclear whether the council will ever see the return of their £1m unsecured loan.
PTEC-Underwater-turbines - and keplar scheme
The MMO has accepted an amendment to the current license application under consideration for use of the area off St Catherine’s on the south coast of the Isle of Wight to test tidal energy schemes.