- RedT energy said it had been selected by a consortium of European companies to be the primary energy-storage technology provider for a large-scale tidal generation project in the UK.

The project remained subject to finance and formal contract awards, the company said.

It would demonstrate the technical and financial feasibility of using tidal energy, plus energy storage,to provide reliable, renewable baseload energy.

At 9:21am: [LON:RED] RedT Energy PLC share price was +0.2p at 6.65p

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