A new three-year action plan has been agreed to improve the marine energy consenting process in Wales.

Tugdock and Sarens have successfully secured funding from The Crown Estate through the initial round of its innovative Supply Chain Accelerator. This is match funding for a joint project by Tugdock and Sarens to develop aheavy lift Operations and Maintenance (O&M) hub at ABP’s port of Port Talbot in Wales.

An additional 10MW of tidal stream capacity has been contracted in Wales as part of Allocation Round 6 (AR6) of the UK Government’s Contracts for Difference renewable auction.

EDF Renewables UK is entering into a partnership with Irish renewable energy developer ESB, and global offshore wind investor, Reventus Power to develop Gwynt Glas Floating Offshore Wind Farm in the Celtic Sea.

Delivery of the first three floating windfarms in the Celtic Sea will be able to generate enough energy to power more than four million homes, deliver £1.4 billion GVA (Gross Value Added) to the production of goods and services in the UK and an average of 5,300 jobs over five years, a new study says.

The Offshore Renewable Energy (ORE) Catapult has launched the first Fit 4 Offshore Renewables (F4OR) programme in Wales – specifically designed to support local companies bidding for work in the floating offshore wind industry.

The new Marine Energy Wales State of the Sector Report 2023 has unveiled a record-breaking £103.4 million investment and spending in the Welsh marine energy sector, nearly quadrupling the previous year’s figures.

The Floating Wind Joint Industry Project (JIP), managed by the Carbon Trust, has launched the Floating Wind Technology Acceleration Competition to accelerate the development and commercialisation of floating wind.