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Marine Power Systems (MPS) has received an £8 million investment to advance its PelaFlex wind turbine platform, designed for waters deeper than 60 meters. This funding will facilitate the establishment of a manufacturing facility in Wales, generating skilled jobs and reinforcing local supply chains.

The initiative aligns with Wales's efforts to strengthen its offshore wind sector and supports broader net zero objectives. The investment follows recent successes in Contract for Difference auction rounds aimed at enhancing the supply chain for offshore wind.