Scottish wave-energy pioneer Pelamis Wave Power has been given a lifeline in Portugal despite its first commercial prototype, the much-vaunted P-1, now looking set to be scrapped after a series of technical failures and the collapse of its majority shareholder, Babcock & Brown (B&B).

Portuguese energy giant EDP and compatriot engineering firm Efacec have decided to take over the majority stake in the project in Portugal, opening the way for a second prototype to be tested in the country’s offshore waters using the infrastructure built for the P-1.

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