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The National (Scotland)
The National (Scotland)
National
Gregor Young

Orkney-based green energy firm secures £8m funding for tidal turbine

Orkney Scottish National Investment Bank
Undated handout photo issued by Orbital Marine Power of its O2 tidal turbine device

A GREEN energy company says it has reached a milestone after securing £8 million of funding for its tidal turbine device.

Orbital Marine Power has secured £4m from the Scottish National Investment Bank and a further £4m of finance from individuals, who are providing cash via an investment platform.

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