Navigation Links
University spin-out company shares in £7.9 million marine energy funding boost
Date:9/7/2012

An award-winning University of Strathclyde spin-out company has been awarded 1.4 million to help it harness tidal energy.

Nautricity will use the grant towards the total cost of building and testing its CoRMaT tidal current turbine in the sea south of Machrihanish, Argyll, Scotland.

The award was part of the 7.9 million WATERS 2 funding package announced by Deputy First Minister Nicola Sturgeon, aimed at helping Scottish firms to secure an increased share of the international marine energy market which could be worth up to 4 billion to the country's economy by 2020.

Cameron Johnstone, chief executive officer of Nautricity, said: "We are delighted to be chosen as one of the companies to take a new generation of tidal energy technology forward.

"We were already well advanced with plans to deploy our CoRMaT technology but this award helps significantly to accelerate this deployment.

"Nautricity welcomes the Deputy First Minister's announcement of the launch of the WATERS 2 programme, further demonstrating Scotland as the vanguard of next generation wave and tidal energy.

"This award accelerates Nautricity's business development by facilitating the commercial demonstration of its CoRMaT technology; thus providing a springboard for both domestic and international market development."

Ms Sturgeon said: "The WATERS 2 funding sends a further clear signal that Scotland already blessed with some of the world's greatest concentrations of marine energy resource and with unrivalled offshore energy engineering expertise will continue to provide the optimum research and investment environment for developers and commercial partners.

"By supporting a range of wave and tidal technologies at various stages of development towards commercialisation and the goal of large-scale, sea-powered electricity generation, we can stimulate innovation, investment, job creation and help protect the planet for future generations."

Glasgow-based Nautricity'
'/>"/>

Contact: Lachlan Mackinnon
lachlan.mackinnon@strath.ac.uk
University of Strathclyde
Source:Eurekalert

0

GOOD

Page: 1 2

Related biology news :

1. Rice University researchers optimize photoluminescent probes to study DNA and more
2. University of Tennessee Space Institute researchers make clinical trials a virtual reality
3. University of Leicester takes delivery of unique eye imaging equipment
4. University of Tennessee Team receives NSF support to study toxic water in China
5. George Washington University Computational Biology Director solves 200-year-old oceanic mystery
6. University of Minnesota engineering researchers discover new non-invasive method for diagnosing epilepsy
7. Prestigious Royal Society of Tropical Medicine and Hygiene journals join Oxford University Press
8. MDA supports Duchenne muscular dystrophy research by University of Nevada School of Medicine
9. University of Minnesota receives $13.1 million in DOE funding for 2 new nationwide centers
10. University of Toronto wins third place at the Gates Foundations Reinvent the Toilet Challenge
11. NIH backs Rice University study of delay in gene transcription networks
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/19/2013)...  New York College of Health Professions announces the ... Trademark Office for detecting biometric changes through smart phones, ... been injured, attacked or killed. This patent ... Properties Agreements of New York College of Health Professions. ... New York College says, "Our Chairman, ...
(Date:6/18/2013)... , June 19, 2013  Paris Air Show ... Geotest-Marvin Test Systems) , a leading provider of ... industries, is demonstrating its solutions this week at ... 3-C82. With growing challenges including increasingly complex armament ... efficient, feature-rich, specialized aerospace test solutions that address ...
(Date:6/18/2013)... large "dead zone" in the Gulf of Mexico and ... Bay this year, based on several NOAA-supported forecast models. ... State University, and the Louisiana Universities Marine Consortium ... "dead" zone will be between 7,286 and 8,561 square ... recorded. That would range from an area the size ...
Breaking Biology News(10 mins):New Technology Using Biometrics Detects If Security Guards Are Attacked, Injured Or Killed 2New Technology Using Biometrics Detects If Security Guards Are Attacked, Injured Or Killed 3New Technology Using Biometrics Detects If Security Guards Are Attacked, Injured Or Killed 4Marvin Test Solutions Demonstrates Next-Generation Armament Test Solutions at Paris Air Show 2Marvin Test Solutions Demonstrates Next-Generation Armament Test Solutions at Paris Air Show 3NOAA, partners predict possible record-setting deadzone for Gulf of Mexico 2NOAA, partners predict possible record-setting deadzone for Gulf of Mexico 3NOAA, partners predict possible record-setting deadzone for Gulf of Mexico 4
... Institute of Technology (Caltech) and their colleagues have tied ... structure in the brainthe amygdala. The finding, described ... Proceedings of the National Academy of Sciences (PNAS), ... role of the brain,s amygdalae, two almond-shaped clusters of ...
... Advanced maternal age is linked to a significantly elevated risk ... age, according to an exhaustive study of all births in ... Advanced paternal age is associated with elevated autism risk only ... 30, the study found. Published online today in the ...
... new study suggests that beer is a significant source of ... Researchers from the Department of Food Science & Technology at ... determine the relationship between beer production methods and the resulting ... dietary silicon. Details of this study are available in ...
Cached Biology News:Caltech neuroscientists discover brain area responsible for fear of losing money 2UC Davis study confirms link between advanced maternal age and autism 2UC Davis study confirms link between advanced maternal age and autism 3UC Davis study confirms link between advanced maternal age and autism 4Research reveals link between beer and bone health 2
(Date:6/19/2013)... , June 19, 2013 MO BIO ... and other challenging microbial nucleic acid purification, announces ... Kit, for extraction of pure protein from all ... coincides with the 20 th anniversary of ... capabilities. (Photo: http://photos.prnewswire.com/prnh/20130619/LA32633 ) ...
(Date:6/19/2013)... 2013 Biotechnology industry pioneer Amgen (NASDAQ: ... provider BlackLine Systems  and enterprise application software leader ... a webinar next week entitled "No Account Left Behind!  ... SAP to Help Keep Its Account Reconciliations in Good Shape ... The webinar, geared at finance, accounting, audit and ...
(Date:6/19/2013)... A new look at “big glass” and ... will highlight technical sessions at SPIE Photomask Technology ... 33rd year, the three-day event is the industry’s largest ... approximately 100 technical presentations and numerous networking lunches and ... optics and photonics , the meeting will be held ...
(Date:6/18/2013)... China Cord Blood Corporation (NYSE: CO ) ... blood collection, laboratory testing, hematopoietic stem cell processing, and ... financial results for the fourth quarter and full year ... Fourth Quarter of Fiscal 2013 Highlights ... increased by 33.3% to RMB133.0 million ($21.4 million) from ...
Breaking Biology Technology:MO BIO Laboratories, Inc. launches the first kit for protein extraction from soil 2Amgen Joins BlackLine Systems, SAP for Webinar on Automating Account Reconciliations 2Amgen Joins BlackLine Systems, SAP for Webinar on Automating Account Reconciliations 3Amgen Joins BlackLine Systems, SAP for Webinar on Automating Account Reconciliations 4‘Big Glass’ and Visions for the Future are on the Program for SPIE Photomask Technology 2‘Big Glass’ and Visions for the Future are on the Program for SPIE Photomask Technology 3China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 2China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 3China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 4China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 5China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 6China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 7China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 8China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 9China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 10China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 11China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 12China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2013 13
... and has been hailed as ushering in the Next ... field, it has made its way into products all ... medications without much fanfare, while popular media entertain ... Somewhere in between are social scientists, ethicists and ...
... RI An injury to the anterior cruciate ligament ... it can often be corrected through surgery, the injury ... diseases, including osteoarthritis (OA). The problem is that fluid ... impacted by the trauma of the injury and begins ...
... MALVERN, Pa. , Aug. 5 Vicept Therapeutics, Inc., ... a pharmacodynamic and pharmacokinetic clinical trial of the Company,s lead product ... in patients with rosacea. , ... The double-blinded, placebo-controlled, crossover clinical trial of ...
Cached Biology Technology:New resource examines questions about the role of nanoscience 2Lubricating the knee cartilage after ACL injury may prevent osteoarthritis 2Lubricating the knee cartilage after ACL injury may prevent osteoarthritis 3Vicept Therapeutics Announces Positive Clinical Study Results of V-101 for the Treatment of the Erythema of Rosacea 2Vicept Therapeutics Announces Positive Clinical Study Results of V-101 for the Treatment of the Erythema of Rosacea 3
...
... A sleek design loaded with class-leading features, the 1400 ... your work is safe and consistent every time you ... new 1400 Series reduces power consumption by as much ... dollars over the life of the cabinet. Multiply ...
... Sensitive Bio (for heat-labile and very volatile ... to specific applications of molecular biology and ... heat-labile samples. The RC systems can be ... and a wide selection of rotors (eliminating ...
... purification systems provide high speed purification of ... offer increased throughput and reproducible results. The ... mL and KingFisher 96, covering sample volumes ... consists of an instrument, specially designed plastics ...
Biology Products: