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Edinburgh Company Nominated For European Business Award

SNP MEP and member of the European Parliament's Energy, Industry and Research Committee, Alyn Smith, has congratulated Edinburgh-based wave energy company, Aquamarine Power, for their nomination in the 2012 European Business Awards for the Environment.

The European award is presented to companies that successfully combine innovation, competitiveness and outstanding environmental performance. The list of just 14 finalists from across Europe was recently announced in Copenhagen, Denmark. As well as Scotland, the finalists are from Belgium, France, Germany, Spain, Austria, Portugal, Slovakia, Finland and England. The winners will be announced at a ceremony to be held in Brussels on 24 May, during the Green Week sponsored annually by the European Commission.

Alyn said:

"This is very good news - well done to Aquamarine Power for progressing this far. Indeed, it is an achievement to reach this stage: the 14 finalists have been selected from 156 submissions from 24 EU member states and applicant countries.

"Aquamarine Power has shown innovation and expertise in the development of its wave energy device, Oyster, and the company leads the way in pushing forward research and development into clean, green, renewable technologies. I've been fortunate to work with Aquamarine Power in the past, and have seen first hand the work they do.

"I look forward to welcoming Aquamarine Power to Brussels in May, and wish them the very best for the final stage of the competition."

The European Business Awards for the Environment were established in 1987 by the European Commission's Directorate-General for the Environment. They are presented every two years with the aim of recognising and rewarding European companies that stimulate economic growth by contributing to innovation and competitiveness, while also protecting the environment.

Five awards are presented to businesses for management practices, eco-friendly products, sustainable processes, international business cooperation and - most recently - activities that protect biodiversity.

The competition is open to any company, irrespective of size, from an EU member state or a candidate country. Further information is available at