Global Trade Alert
Global Trade Alert

United Kingdom (Wales): Welsh Government provides GBP 8 million in direct equity support to Marine Power Systems

Announcement

12 Mar 2026

In March 2026, the Welsh Government announced an investment of GBP 8 million in Marine Power Systems to support the development of deep-water offshore wind technology. The funding aims to commercialise the PelaFlex wind turbine platform and establish manufacturing capabilities in Wales.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Mar 2026

Revocation date:

No revocation date

Announced: 12 Mar 2026
Equity stake In force

Recent update from 13 Mar 2026:

On 12 March 2026, the Welsh Government announced a GBP 8 million (USD 10.7 million) direct equity support commitment to Marine Power Systems, a Swansea-based offshore wind technology developer. The...

Sign in to see more

Threads

See all

Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70679

interventions

194

jurisdictions

Harmful Trade Policy Interventions: Iron & Steel

This Thread tracks harmful trade policy interventions affecting iron and steel products since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to iron and steel, including fabricated metal products.

Published: 09 Jan 2025

5932

interventions

126

jurisdictions

G7: Harmful Trade Policy Interventions

This Thread tracks harmful trade policy interventions introduced by G7 members since 2009. It covers all types of interventions monitored by Global Trade Alert.

Published: 13 Jan 2025

25542

interventions

38

jurisdictions

G20: Harmful Trade Policy Interventions

This Thread tracks harmful trade policy interventions introduced by G20 members since 2009. It covers all types of interventions monitored by Global Trade Alert.

Published: 15 Jan 2025

54000

interventions

121

jurisdictions