Pelamis, developers of a floating offshore wave energy converter that looks like a large red sea snake, collapsed suddenly into administration on 21 November, with the subsequent loss of 40 jobs. Aquamarine, which is behind a yellow near-shore device known as Oyster, is making about 30 staff redundant.
The deadline for offers to buy Pelamis, which is based at Leith in Edinburgh, passed at 10.30 this morning. The administrator, KPMG, said there had been interest, but won’t be giving further details for “some time”.
Both wave companies have complained about the difficulties of acquiring adequate funding. The job losses were “a consequence of the considerable financial, regulatory and technical challenges faced by the ocean energy sector as a whole,” according to Aquamarine’s chief executive, John Malcolm.
But now the Scottish Green Party has put the blame squarely on Scottish National Party ministers, whom they backed during the independence referendum. Ministers have previously been lauded for their commitment to renewable energy.