SOURCE: Industrial Info Resources

Industrial Info Resources

December 22, 2009 23:00 ET

Vattenfall to Harness Wave Energy at Shetland Islands, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - December 22, 2009) - Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) -- Swedish power giant Vattenfall AB (Stockholm, Sweden) and marine energy firm Pelamis Wave Power (Edinburgh, Scotland) have announced the formation of a joint venture to create the first wave power project off the Shetland Islands. The company, named Aegir Wave Power Limited and located in Edinburgh, is initially aiming to generate 20 megawatts of power, but both companies want to expand the project in the future.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to or visit us online at Industrial Info Europe (

Contact Information

  • Contact:
    Joe Govreau