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Buyer sought as tidal energy company goes into administration

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tidalenergyA BUYER is being sought for an established Welsh-based tidal stream technology company which has entered administration.

Tidal Energy Ltd, which was set up in 2001, uses technology to harness the power of the sea’s tides to provide a sustainable source of renewable electricity. It operates out of offices in Cardiff and Pembroke Dock.

However, the sector has suffered from economic and political uncertainty in recent times, due to the withdrawal of previous government subsidy promises under the Contracts for Difference regime.

Joint administrators Steve Wade and David Hill – from business rescue and recovery specialist Begbies Traynor – were appointed on October 17.

The administrators have retained key staff to continue the company’s operations and specialist knowledge while a buyer is sought for the business and assets as a going concern.

Tidal Energy Ltd has developed  tidal stream technology called “DeltaStream”, a full scale 400KW turbine that has been successfully tested at Wales’s first tidal energy site at Ramsey Sound, in Pembrokeshire, west Wales.  The Ramsey Sound site is also owned and operated by the company.

Tidal Energy Ltd Director, Chris Williams, said the results of testing the technology made the company a strong commercial prospect.  “The full turbine characteristics have been tested and verified, and we also possess a wealth of data and information that makes the whole operation, including the turbine and the Ramsey Sound site an attractive proposition to potential partners,” said Mr Williams.

“Unfortunately, market forces have meant we have struggled financially, but we are confident that we have the skillsets amongst our people and a tried and tested technology in place that makes us confident about our future prospects. We therefore strongly believe we can help the UK lead the world in the development and application of tidal technology.”

Administrator, Steve Wade, from Begbies Traynor, said the economic climate had had a “significant” impact on the company’s business.

“We hope, however, that by working closely with the board of directors and government agencies we can attract potential purchasers to emerge from a variety of different sources,” he said.

David Jones, Project Director, Marine Energy Pembrokeshire told The Herald: “At a time when this new sector is really gathering momentum in Wales it is disappointing to hear that a Welsh based company, who have played a key role in the sectors development has gone into administration. It highlights the challenges of being at the forefront of a nascent sector.

“In the short-term it is important to work with others to ensure that the skills and knowledge of the TEL team are not lost from the area and their experience can assist other companies who are locating in Pembrokeshire. We need to recognise that the Ramsey project delivered on the funded priorities, which were to develop a technology and site, deploy and grid connect a technology and monitor environmental interactions.

“The project has provided invaluable learning and has assisted local supply chain companies to diversify into a new sector. It is crucial that this experience assists us all moving forward.

“The project site, which is grid connected will be a potentially attractive development opportunity for a number of marine energy companies. Pembrokeshire and Wales with its abundant resource, €100 million of EU Structural Funding for marine energy, world class ports and supply chain capability will continue to attract and support this new important energy sector. Minesto, Marine Power Systems and Wave-tricity have all recently chosen Wales as a destination to develop their technologies and there is real progress being made on our two Demonstration Zones.

He continued: “Combined with the exciting opportunities of tidal range the marine energy sector will continue to play an important role in creating new sustainable low carbon jobs in Wales. The UK is leading the world in this new sector but like many other nascent industries it is inevitable that some technologies will not move beyond an R&D phase.”

 

1 Comment

1 Comment

  1. Steve De-Waine

    October 24, 2016 at 3:40 pm

    Apparently whats really happened is the unit has had the hydraulics fail and requires lifting back on to the shore for repair……..Which will cost ££££££ My opinion is that any Marine Energy project of Pembrokeshire will not work due to the logistical access for repair as Pembrokeshire is wide open to Atlantic weather systems and is swept with fierce tides, renewable energy is the way to go but not in the sea…..on the land where the environment and access can be controlled better….Bye bye millions of ££££££ which could of been spent more wisely !

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Crime

Prosecution delivers powerful closing speech in Christopher Phillips trial

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Jury expected to retire shortly in Swansea Crown Court baby abuse case

THE TRIAL of Christopher Phillips, accused of inflicting catastrophic injuries on a 10-week-old baby in Haverfordwest, moved into its final stages today (Dec 5) as the last evidence was heard and the prosecution delivered a forceful closing speech at Swansea Crown Court.

Christopher Phillips: Told the court earlier this week that he was “proud” of his appearance.

Phillips, 34, of Kiln Park in Burton, is charged with causing serious physical and sexual harm to Baby C in January 2021. The infant was taken by ambulance to Glangwili Hospital in the early hours of January 24 after suffering life-threatening internal injuries.

The baby’s mother faces separate charges of allowing serious physical harm and child cruelty for allegedly failing to protect her child.

Final evidence presented

The court resumed at 11:09am, when the prosecution submitted its final exhibit: a detailed timeline reconstructed from Phillips’ mobile phone data, charting his visits to the mother’s flat in Haverfordwest.

Prosecutor Caroline Rees KC highlighted the distances between Phillips’ home, the mother’s address and Glangwili Hospital, telling the jury that the timings were central to understanding the sequence of events that night.

This concluded the evidential phase of the trial.

Judge issues legal directions

Late this morning (Friday, Dec 5) Judge Paul Thomas KC delivered his directions to the jury, outlining the legal tests required for convictions against both Phillips and the child’s mother. He reminded jurors to consider each charge separately and to apply the law only to the evidence they had heard.

Prosecution closing speech

In her closing address at early this afternoon, Rees KC told the jury that 10-week-old Baby C had been a “happy little baby” who showed “no signs of distress” in a video recorded by his father on January 23, 2021.

She said that within hours, by the early morning of January 24, the infant was in hospital with what she described as a “gaping tear in his anus”.

Rees KC argued that the evidence of who caused the injuries “points in one way – towards Christopher Phillips”.

Turning to the baby’s mother, she said the prosecution’s case was that she was “not without blame”, telling the jury that the mother had “failed in her duty to keep her baby safe”.

“She at the very least ought to have realised that her baby was at serious risk from the man she brought into her home,” Rees KC said. “She didn’t take any steps to keep that baby safe. She prioritised Christopher Phillips over her own child.”

Jury expected to retire

No defence closing speech was delivered today, that will be on Monday.

No further evidence is scheduled.

The jury is expected to retire early next week to begin its deliberations.

The case continues at Swansea Crown Court.

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Farming

FUW urges government action as plunging dairy prices threaten family farms

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THE FARMER’s UNION OF WALES has sounded the alarm over a sharp and sustained collapse in dairy prices, warning that the situation is placing intolerable pressure on family farms already grappling with regulatory change, rising costs and wider economic uncertainty.

The Union convened an emergency meeting of its Animal Health and Dairy Committee last week to assess the scale of the crisis. Representatives from across Wales reported widespread anxiety, with many members seeing milk prices fall dramatically through the autumn. Processors are now signalling further cuts in early 2026, while commodity markets offer little sign of stability heading into spring.

Farmers, fearful of jeopardising commercial relationships, have approached the FUW confidentially to express grave concern about projected milk payments for the coming months. Many say the offers being made will fall far below the cost of production.

Average milk prices are forecast at just 30–35 pence per litre, against estimated production costs of 39–44 pence per litre (Kite Consulting). On current trajectories, the FUW warns a typical Welsh dairy farm could lose thousands of pounds per month for as long as the downturn persists.

Following its committee meeting, the Union raised the matter directly with Deputy First Minister Huw Irranca-Davies MS during talks in Cardiff on Wednesday, December 3. Officials stressed the immediate threat facing family-run dairy farms and called for urgent consideration of government support to prevent long-term damage to the sector.

Gerwyn Williams, Chair of the FUW Animal Health and Dairy Committee, said the pace of the price crash was “unprecedented”.

“Farmers are facing an impossible situation where input costs remain high while the value of their product plummets. The viability of many family farms is now at serious risk. We need immediate assurances that this crisis is being treated with the urgency it deserves.

“Some can weather a short storm, but rumours that this could continue into summer 2026 will see businesses shut. These modest family farms have already invested heavily to meet regulatory requirements. Cuts on this scale will severely impact their ability to service repayments.”

FUW Deputy President Dai Miles warned that the consequences extend far beyond farm gates.

“Dairy farming underpins thousands of jobs in Wales and is central to the economic, social and environmental fabric of rural communities. When prices fall this sharply, it isn’t just farmers who suffer — local businesses, services and entire communities feel the impact.

“We have made it clear to the Deputy First Minister that government must work with the industry to provide immediate stability and a long-term resilience plan.”

The FUW says it will continue to work with the Welsh Government, processors and supply-chain partners to seek solutions and secure fair, sustainable prices for producers.

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Community

Haverfordwest’s first memory tree brings community together this Christmas

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Spud Box is delighted to launch a brand-new festive initiative for the people of Pembrokeshire – Haverfordwest’s first Memory Tree, now open to the public at our premises.

The idea, inspired by Drew from The Big Pembs Panto, invites members of the community to write and hang personal messages on the tree. These can be tributes to loved ones, cherished memories, or simple Christmas wishes.

The project has been created to give people a meaningful way to connect during the festive season. All materials – including paper, plastic pockets and ribbon – are provided free of charge. Visitors are also welcome to enjoy complimentary hot drinks, kindly supplied by Connect: Pembrokeshire, along with mince pies donated by Brakes.

Anyone who prefers to create their message at home can bring it in, and the team will be happy to help attach it to the tree.

Donations are being encouraged in support of Sandy Bear Children’s Bereavement Charity, making the Memory Tree both a reflective and charitable community event.

The tree itself looks spectacular thanks to Sion from DSR Batteries, who supplied the lighting. The project has also received generous support from Marty at Sandy Bear Children’s Bereavement Charity and Pure West Radio. Spud Box welcomes other community groups or organisations who wish to get involved.

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