Nova Innovation

Nova Innovation is a world-leading tidal energy company, founded in 2010, with a clear mission to harness the power of the seas for clean, predictable electricity. The company has established its presence in multiple countries, including Scotland, Ireland, Wales, Belgium, and Canada, reflecting its global potential. Nova Innovation's technology has attracted significant attention with its last investment of £17.00M in grant funding from Horizon Europe on the 29th of November 2023.

The company's focus on energy, renewable energy, and energy efficiency aligns with the global shift towards sustainable energy solutions. Nova Innovation's commitment to engaging local supply chains not only emphasizes its dedication to local communities but also positions it to benefit from their expertise in tidal power. By capitalizing on the natural ebb and flow of tides to generate electricity, Nova Innovation addresses the urgent need to reduce reliance on fossil fuels for a cleaner environment.

With its proven technology and strategic geographic expansion, Nova Innovation is well-positioned to make a significant impact both in the renewable energy industry and in global efforts to combat climate change. The recent grant investment underlines the confidence that Horizon Europe has in the company's potential to lead the way in tidal energy innovation and utilization.