Nova Innovation won the Enterprise Europe Network Award for what was the world’s first grid-connected offshore tidal array.
The awards recognise the last ten years of the Enterprise Europe Network, which brings together around 600 business support organisations from more than 60 countries to help European businesses grow internationally.
The network helped to broker a collaboration between Edinburgh-based Nova Innovation and Belgian partner IDETA, which initially invested £1.6 million into the project off Yell through its ELSA subsidiary.
Nova Innovation previously announced plans to expand its tidal array from three 100kW turbines to six by 2020 as part of new European Union project worth over £17 million.
Chief executive officer Simon Forrest said it was “wonderful to receive this prestigious award”.
“Tidal energy is the next big global renewable resource to come to market. It has the huge advantage of being highly predictable,” he said.
“The tidal energy sector also has enormous potential to provide jobs, boost economic growth in coastal regions and drive exports.”
The first Nova M-100 turbine was installed in March 2016 before two more were put in place.
Become a supporter of Shetland News
Shetland News is asking its many readers to consider start paying for their dose of the latest local news delivered straight to their PC, tablet or mobile phone.
Journalism comes at a price and because that price is not being paid in today’s rapidly changing media world, most publishers - national and local - struggle financially despite very healthy audience figures.
Most online publishers have started charging for access to their websites, others have chosen a different route. Shetland News currently has over 380 supporters who are all making small voluntary financial contributions. All funds go towards covering our cost and improving the service further.
Your contribution will ensure Shetland News can: -
- Bring you the headlines as they happen;
- Stay editorially independent;
- Give a voice to the community;
- Grow site traffic further;
- Research and publish more in-depth news, including more Shetland Lives features.
If you appreciate what we do and feel strongly about impartial local journalism, then please become a supporter of Shetland News by either making a single payment or by monthly subscription.
Support us from as little as £3 per month – it only takes a minute to sign up. Thank you.Support Shetland News