A failed £18m tidal energy project in Pembrokeshire stopped generating electricity after just three months because of a fault, its operators have admitted. Tidal Energy Ltd went into administration in October, but the 400KW, 39ft high turbine in Ramsey Sound, had not worked since March. Development director Chris Williams defended the research project. The Welsh Government said a buyer was being sought. Mr Williams said the DeltaStream device was never intended to generate massive amounts of electricity, but it did work for a period of time after its installation in December 2015. The scheme received £8m in EU funds but market forces had led to the company’s financial struggles causing its collapse, he previously revealed.
BBC 12th Dec 2016 read more »