The UK’s Perpetuus Tidal Energy Centre (PTEC) has been granted approval by the Marine Management Organisation (MMO) and Isle of Wight Council.
The tidal energy demonstration site off St Catherine’s Point on the Isle of Wight will apparently be the first of its kind in the world when construction is completed in 2018.
It will generate electricity from tidal currents in the sea south of the Isle of Wight, supplying the Island with clean, renewable energy.
The total electrical output from the site is expected to be over 50,000MWh per year over the next 25 years.
Recreational sailing will be affected while the facility is in operation because structures breaking the surface will have a maximum height of 9m above the lowest astronomical tide. The RYA has been involved in discussions during the planning process.
Construction is due to begin in 2017.