Orkney is known for its natural beauty, varied wildlife and long summer days. And it may eventually be home to a floating tidal turbine farm, too.
"The U.K. is a world leader in developing innovative tidal and wave energy projects, with over 50 companies working to generate marine power," Luke Clark, director of strategic communications at RenewableUK, said in a statement issued to CNBC.
At the end of 2019, for instance, it was announced that another Scottish business, Nova Innovation, had beenAt the time, Nova Innovation said a total of 15 tidal stream turbines would be installed by the year 2023. The project, the business said, would produce enough electricity to power 600 homes. Orbital Marine Power's Andrew Scott sought to highlight some of "unique features" of tidal stream energy that distinguished it from other renewable sources.
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