Welsh Government invests £2 million in Inyanga tidal energy project

The Welsh Government has made a £2 million equity investment in Inyanga Marine Energy Group to advance tidal energy technology at the Morlais site off Ynys Môn (Anglesey), marking a significant step in Wales’ renewable energy ambitions. The funding will be used to improve tidal turbines, increasing their energy output by up to 60% and enabling real-world testing at the Morlais facility, which is one of Europe's largest consented tidal energy projects and could eventually power over 180,000 homes. The investment aligns with Wales' goal to become a global leader in emerging tidal technologies and supports economic growth and job creation in coastal communities. Officials highlighted the reliability and clean nature of tidal energy, with First Minister Eluned Morgan emphasizing its role in accelerating the transition away from fossil fuels. The Morlais project, managed by social enterprise Menter Môn, will facilitate multiple turbine developers through a 'plug and play' model, attracting diverse technologies to the site. Inyanga’s HydroWing technology, backed by this investment, is now fully financed for its demonstration phase and aims to showcase the practicality and scalability of tidal power.