Pelamis Wave Power

Pelamis Wave Power one of the leading wave energy companies with over 15,000 hours of grid connected time has announced that due to inability to secure additional funding the company will be put into administration to asses options for securing the businesses future and that of its employees. The news comes as a further shock to the UK industry which has lost several key players recently.

http://www.bbc.co.uk/news/uk-scotland-scotland-business-30560980