Thursday, April 26, 2007

WaveHub crosses the finish line

According to the BBC, it seems that WaveHub has finalised its necessary development funding of £21.5 million from the South West Regional Development Agency. The news story is here:

What's interesting is that the funding appears to come from SWRDA, rather than from what you might think of as more normal sources for emerging technologies - DTI, Carbon Trust, European Sixth or Seventh Framework funding. SWRDA's clearly motivated to try to develop a wave industry in the southwest.

There's competition from EMEC (Orkney) and an Irish test centre in County Cork.

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