Following
initial
studies,
government-backed
research
body
the
ETI
and
Wave
Hub
have
agreed
to
move
to
the
next
phase
of
the
£25m
($40m)
demonstrator
project.
That
will
involve
further
technical
studies
and
site
investigations.
Discussions
are
also
underway
with
the
UK’s
Crown
Estate
to
nail-down
the
terms
of
a
lease
for
one
of
the
fourth
berths
at
Wave
Hub,
a
seabed
"socket"
located
27km
offshore
in
50
metres
of
water
off
Cornwall.
A
final
decision
on
whether
to
install
the
ETI
floater
at
the
Cornwall
facility
is
not
far
off,
according…
