German power utility RWE has pulled out of a planned wave energy project in Scotland that it was developing jointly with Voith Hydro-owned wave energy technology firm Wavegen.
Wavegen, the builder of the planned 4-MW Siadar Wave Energy Project off the Isle of Lewis, issued a statement recently indicating RWE had exited the project.
Saying RWE's npower renewables subsidiary won't be proceeding with the project, Wavegen Chief Executive Officer Matthew Seed stated that the company is "in discussion with a number of parties in order to seek an owner and investor" and that civil engineering work remained "ongoing."
Wavegen has been seeking to construct the $50 million plant off the Hebrides coast for several years. The Scottish Government granted consent for the project in 2009.
RWE says it wants to focus on marine tidal current technology development.
"RWE Innogy, although no longer proceeding with the Siadar project, continues to work closely together with Voith, and will focus upon marine tidal current technology," said RWE npower renewables in a written statement.
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