Tidal power pacesetter Simec Atlantis Energy (SAE) has landed a €1m ($1.14m) grant from European small- and medium-sized enterprise agency Easme to help fuel its turbine's commercial development programme.

The award, which will finance a two-year cost reduction project starting in January, will underpin plans to upgrade the technology installed at SAE’s flagship 6MW MeyGen array off Scotland so it can be wired into a subsea hub and shared export cable.