Tidal lagoon technology gets multimillion-pound boost
by Press Association from on (#12H3Z)
Gupta family's investment of around 10m will finance development of the technology in the UK and India
The development of tidal lagoon schemes has received a boost with a commitment of millions of pounds to the technology in the UK and India.
The investment by the Gupta family, thought to be around 10m, will give it a substantial stake in Tidal Lagoon Plc, a holding company set up to finance the development of full-scale tidal lagoons to generate clean power in the UK and abroad.
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