The Pentland Firth and Orkney Waters Marine Energy Park was inaugurated by UK Energy Minister Greg Barker at the Caithness port of Scrabster, reported BBC.
Earlier this year, the government had announced the UK’s first such marine energy park (MEP) off the south-west of England.
The new venture will include the European Marine Energy Centre (Emec) on Orkney. The park aims to link university researchers and private firm working in marine energy.
Scottish energy minister Fergus Ewing told the news agency that the designation would further enhance the country’s position in marine renewables.
"Progress in Scottish wave and tidal renewables has been staggering, but the Scottish government recognises that more financial support is needed to help the sector achieve its fullest potential," Ewing added.
"That is why we have committed over £30m (including) investment at Emec, and why we are still continuing to invest in the sector with the £18m Marine Renewables Commercialisation Fund created to accelerate the development and deployment of commercial arrays."
Policy officer Dr Sam Gardner noted that this plant is an exciting development and a further opportunity for Scotland’s marine renewable sector to develop wave and tidal devices.
