Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo
Topics
  • News
  • Contracts & Tenders
  • Authorities & Government
  • Automation
  • Business & Finance
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs

© 2026 Navingo. All rights reserved.

Home›Business & Finance›Scottish Renewables: ‘Seastar spells the start of a new chapter in the tidal energy story’
Business & Finance

November 30, 2023 · about 2 years ago

Scottish Renewables: ‘Seastar spells the start of a new chapter in the tidal energy story’

Scottish Renewables has welcomed the announcement about €20 million secured from the EU for a 4MW tidal energy project that will be deployed offshore Scotland and led by Nova Innovation.

1 minutes read
  • LinkedIn
  • X
  • Email
Illustration/Nova Innovation's tidal turbine (Courtesy of Nova Innovation)

Scottish Renewables has welcomed the announcement about €20 million secured from the EU for a 4MW tidal energy project that will be deployed offshore Scotland and led by Nova Innovation.

Scottish company Nova Innovation secured the funding for a tidal energy project that will be home to the largest number of tidal turbines anywhere in the world.

The project, dubbed Seastar , will feature 16 turbines that will be installed offshore Orkney in Scotland.

Commenting on the announcement, Morag Watson , director of policy at Scottish Renewables, said: “Together with Scotland’s incredible, world-class natural resource and a growing number of supply chain businesses dedicated to providing quality local content, the news about Seastar spells the start of a new chapter in the tidal energy story.

“The key to tidal deployment at scale has always been cost reduction, and Seastar will enable Nova Innovation to do that by allowing mass fabrication of new undersea power devices at its HQ in Leith.

“Today’s announcement shows that the future of tidal energy, like its development to date, lies in Scotland’s seas.”

Subscribe and follow

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Business & FinanceBusiness Developments & ProjectsEquipmentOutlook & StrategyRegulation & PolicyTechnology

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Related articles

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

11 days ago

Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

11 days ago

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

11 days ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

11 days ago