Pelamis into stormy waters

Pelamis wave generator in testing off Orkney (Pelamis)

The directors of Pelamis regret to announce that they have been unable to secure the additional funding required for further development of the company’s wave energy technology. As a result of this the board has reluctantly moved to appoint an administrator to assess the options for securing the future for ...

This is premium content

Already a member? SIGN IN now

V2-MJ

Sign up for FREE to continue this article…

It only takes a minute to sign up for a free account, and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial marine sector
  • Access to the Maritime Journal Industry Database
  • Monthly Maritime Journal Magazine (Restricted digital edition)
  • Website access (3 standard news articles per month)

Get access and more free content sign up today

Does your organisation require more access? Upgrade to a subscription and enjoy unlimited news and additional features.