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UK’s Wave Hub Proceeds with $43 M Investment

The first large-scale wave farm, set to be built 10 miles off the coast of Cornwall in South West England, is now one step closer to becoming a reality with approval of GBP 21.5 million [US$42.9 million] in funding. The investment means Wave Hub could be operational as early as summer 2008, subject to final UK Government and EU approval.

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