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.
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