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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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Community

New foal born at Dyfed Shire Farm as rare breed season begins

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Suffolk Punch mare gives birth to strong colt foal ahead of May bank holiday farm opening

DYFED SHIRE FARM has welcomed its first foal of 2026, with a Suffolk Punch mare giving birth to a strong colt.

The new arrival was announced on Saturday by the Pembrokeshire farm, which said the foal is from mare Dixie and is doing well.

In a social media post, the farm said: “Mother nature working 100% as we would want.”

The birth will be seen as a boost for the farm and for supporters of traditional horse breeds, with the Suffolk Punch regarded as one of Britain’s rarest native working horse breeds.

Dyfed Shire Farm has not yet chosen a name for the colt and has invited the public to send in suggestions.

The farm is preparing to open to visitors over the early May bank holiday weekend, with opening times announced for Friday, May 1 from 5:00pm to 8:00pm, and again on Sunday, May 3 and Monday, May 4. Visitors are expected to be able to see Dixie and her foal during the open days.

The Pembrokeshire attraction also used the announcement to promote stays at its campsite as interest grows around the latest addition.

Images shared online show the foal standing close to its mother in a field, as well as resting in the spring sunshine.

Photo caption: New arrival: Dyfed Shire Farm has announced the birth of its first foal of 2026, a Suffolk Punch colt born to mare Dixie (Pics: Dyfed Shire Farm).

 

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Climate

National emergency film screening in Narberth calls for urgent climate action

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Campaigners warn climate and nature crisis is already affecting communities and say stronger government action cannot be delayed

PEMBROKESHIRE FRIENDS OF THE EARTH has renewed calls for urgent action on climate change and nature loss following a recent film screening and discussion at the Bloomfield Centre in Narberth.

The event focused on the growing threat posed by climate change and the decline of the natural environment, with campaigners warning that the challenges facing the country are more immediate and serious than many people realise.

The film featured broadcaster and environmental campaigner Chris Packham introducing presentations from a range of experts, including climate scientists and military voices. They called on the Government to launch a national response to the climate and nature crisis, showing the same level of leadership seen during World War Two and the financial crisis.

Those involved in the campaign say the aim is to push for a much stronger national effort to reduce emissions, protect wildlife and prepare communities for the effects of a more dangerous climate.

A spokesperson for Pembrokeshire Friends of the Earth said extreme weather, including heavier rainfall, is only the beginning of what lies ahead if urgent action is not taken.

They warned that climate and nature breakdown could increasingly damage public health, food systems, infrastructure, national security and economic stability.

The group says there is strong evidence that bold action would not only cut emissions and improve resilience, but also create jobs and improve lives.

Pembrokeshire Friends of the Earth is calling for emergency legislation to speed up cuts in climate-changing emissions while investing in measures to help communities adapt.

For further information, contact Bettina Becker at Pembrokeshire Friends of the Earth on [email protected]or 01437 563657.

 

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Local Government

Dog bin misuse causing mess at Haverfordwest Racecourse

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Town council says general litter is blocking dog waste bins and leaving walkers with nowhere to dispose of bagged waste properly

HAVERFORDWEST TOWN COUNCIL has urged Racecourse users to dispose of rubbish responsibly after repeated misuse of dog waste bins.

The council said it provides both general waste and dog waste facilities at the Upper and Lower Racecourse, as well as at most other green spaces it owns or maintains.

However, it has received ongoing reports — backed by photographic evidence — of general litter, including coffee cups and other rubbish, being placed in dog waste bins at Haverfordwest Racecourse.

Council officials say this misuse is causing the bins to become blocked and appear full when they are not. As a result, dog walkers are sometimes left with no option but to place bagged dog waste beside the bins, creating what the council described as an avoidable and unpleasant environment for everyone.

The council said this was not acceptable and could easily be avoided.

Dog waste bins are intended for bagged dog waste only and should not be used for general litter.

The council is asking all users to avoid putting general rubbish in dog bins and instead either take litter home or use the appropriate general waste bins available elsewhere on the Racecourse.

The town clerk thanked the majority of responsible users for their cooperation and said their support helps keep the Racecourse clean and welcoming for everyone.

 

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