Denmark's Floating Power Plant (FPP) has brought in Edinburgh-headquartered financial consultancy Johnston Carmichael to support a €10m ($10.6m) funding round designed to underpin commercialisation of its hybrid ocean energy technology for lead-off industrial-scale projects off the UK.

In November, FPP tied up with developer DP Energy to explore construction of a pair of 200MW floating wind-wave power developments off Scotland and Wales by the end of the decade, using FPP’s P80 platform, a 5-8MW floating wind turbine fitted with a 2-3.6MW