Aquamarine Signs Contract for Oyster 2 Wave Energy Project

Edinburgh-based marine hydro developer Aquamarine Power and Falmouth-based marine drilling specialists Fugro Seacore (Seacore) have signed a GBP3 million (USD4.8 million) contract that will see Seacore install the foundation system for Aquamarine’s next-generation Oyster 2 wave energy device, which will be installed in Orkney this summer.

Seacore will commence drilling and installation of steel piles for three Oyster devices this summer at Billia Croo near Stromness in Orkney. The company previously installed the piles for Aquamarine Power’s Oyster 1, also at Billia Croo, which was installed in 2009.

Aquamarine Power will install a single Oyster 2 device this summer with a further two devices to be put in place in 2012. Together the three Oyster 2 devices will form a 2.4-MW array connected to a single onshore generating plant.

The news follows the announcement in December of millions in new investment in Aquamarine Power by multi-national power company ABB and other investors.

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