Renewable energy innovator Inyanga Marine Energy Group has announced it 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 100% predictable renewable energy source and one of the most reliable sources of renewable energy available. HydroWing aims to unlock the full potential of tidal energy with its patented ‘all in one’ solution.
In September 2024, HydroWing was awarded the largest tidal energy project in the UK in the government’s latest ‘Contracts for Difference’ allocation round.
HydroWing. (Image credit: Inyanga Marine Energy Group)
This doubles the size of the HydroWing project at Morlais in Wales to 20 MW, building on the 10 MW awarded in the previous ‘Contracts for Difference’ allocation round.
The company has also recently won the contract to deliver the first tidal energy plant in Southeast Asia.
Richard Parkinson, CEO of Inyanga Marine Energy Group, said: “We are progressing on our mission to become the world leaders in tidal energy. This crowdfunding round is an opportunity to be part of our exciting journey.”
Ocean energy is predicted to have an estimated global value of 53 billion Euros annually by 2050, according to Ocean Energy Europe.
Sign up for early access to the Crowdcube investment round here: https://www.crowdcube.com/early-access/hydrowing
For more information, visit: https://inyangamarine.com/
