Venn has supported Edinburgh-based Nova Innovation over the past year in establishing the company in Wales. Nova is one of the worlds leading tidal technology developers having installed and operated the worlds first tidal array off Shetland in Scotland. Venn support has focussed on the development of two new tidal projects, including stakeholder engagement, securing an Agreement for Lease from The Crown Estate, applications for project funding, and kicking off the consenting process. Venn has also helped secure funding to establish an office in north Wales and recruitment of a new development team. Further info can be found at – http://www.marineenergywales.co.uk/nova-innovation-expands-in-wales/
Venn is delighted to have moved into the Hive offices in Uplands, Swansea. The new Swansea office will provide space for expansion of Venn’s Welsh-based team.
Venn supported Pembrokeshire Coastal Forum (PCF) with its application for funding for the proposed Marine Energy Test Area (META) in the Milford Haven waterway. Venn used its development experience to provide input to development planning, project scheduling and risk assessment. The application was successful and PCF has secured £1.2 million from European Regional Development Fund for the development of META project, see www.marineenergywales.co.uk/eu-funding-awarded-for-marine-energy-test-site-in-wales/
Venn worked with Dragonfly Project Delivery Ltd and Salacia Marine Ltd to undertake a detailed feasibility study for Pembrokeshire-based GreenSeas Resources Ltd that looked at the management of seaweed in the Milford Haven waterway. The study explored the nutrient issue in the waterway (caused by run-off from fertiliser use in the region), the potential for Payment for Ecosystem Services (PES), options for seaweed collection, and commercial uses for the seaweed that is collected.