The three-year Ocean Energy Scale-up Alliance (OESA) project has been granted funding to accelerate large-scale ocean energy pilot studies based in the North Sea . Tocardo Tidal Power , wave energy companies Seabased and Nemos , Floating Power Plant and Floating Power Plant are among the firms whose renewable energy systems will be deployed. The project has been backed by the €167m ( €167 million ) Interreg the North Sea Programme, which focuses on pilots, demonstrations and trials of projects offering sustained economic growth in the region.
The three-year Ocean Energy Scale-up Alliance (OESA) project has been granted funding to accelerate large-scale ocean energy pilot studies based in the North Sea. Tocardo Tidal Power, wave energy companies Seabased and Nemos, Floating Power Plant and SeaTwirl are among the firms whose renewable energy systems will be deployed. The project has been backed by the €167m ($189m) Interreg North Sea Region Programme, which focuses on pilots, demonstrations and trials of projects offering sustained economic growth in the region.