The Scottish Government has authorised a Community and Renewable Energy Scheme [CARES] grant of £53,150 to the Islay Energy Trust [IET}.
The funding is given to support IET in carrying out a feasibility study for its Tidal Energy Project, which will include the production of a generic guide for communities developing marine energy projects.
The work is to be completed by 31st March and the report published soon after that.
Local MSP, Michael Russell, has welcomed the news, saying: ‘This is an important first rung on the development ladder, and hopefully it will enable IET to obtain a Crown Estate Agreement for Lease, and help to unlock funding for future development work.
‘This is good news, particularly for IET, Islay, and Argyll (and Scotland).’