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MeyGen announces funding for first phase of tidal renewable energy project

400 MW tidal scheme will generate enough capacity to power 400,000 homes.

UK law firm Burges Salmon1 has announced that its long-standing client MeyGen has secured the funding from The Crown Estate and the Scottish Government for the first phase of its Pentland Firth tidal renewable energy project.

The MeyGen project, which is the largest tidal scheme to have been consented in Europe, will ultimately consist of up to 400 Megawatts of generating capacity, enough energy to power 400,000 homes. The project is situated in approximately 3.5km2 of the Inner Sound of the Pentland Firth off the north coast of Scotland between Caithness on the Scottish mainland and the Island of Stroma.

"Burges Salmon has played a central role in bringing the development to fruition," said MeyGen CEO, Dan Pearson.

Ross Fairley, Burges Salmon’s head of renewables, added: "The Pentland Firth project is one of the most significant tidal schemes in the world, and we are pleased to have advised MeyGen throughout the process."  

REFERENCES
 
  1. The Burges Salmon Renewables team has advised MeyGen on all of the key project documents including the formulation and negotiation of the entire construction contract package for the on and offshore works, and the power offtake arrangements.

 

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Energy efficiency  •  Energy infrastructure  •  Policy, investment and markets  •  Wave and tidal energy