Tidal Energy Company Launches Crowdfunding Round

Inyanga Marine Energy Group is launching a crowdfunding round in partnership with Crowdcube. This round presents an opportunity to invest in Inyanga’s patented tidal energy technology, HydroWing.

Tidal energy is a fully predictable renewable energy source and one of the most reliable sources of renewable energy available.

In September 2024, HydroWing was awarded the largest tidal energy project in the U.K. in the government’s latest “Contracts for Difference” allocation round. This doubles the size of the HydroWing project at Morlais in Wales to 20 MW, building on the 10 MW awarded in the previous allocation round. The company has also recently won the contract to deliver the first tidal energy plant in Southeast Asia.

Ocean energy is predicted to have an estimated global value of 53 billion Euros annually by 2050, according to Ocean Energy Europe.

Learn more here.

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