A French ‘cleantech’ company will study the possibility of installing marine turbines on the seabed in British waters off Gibraltar. The Gibraltar government has signed a memorandum of understanding with Blue Shark Power, a company that is developing patented technology for the manufacture of high power marine renewable energy turbines. Gibraltar’s Minister for the Environment said, ‘The sea provides a vast source of potential energy resources and as renewable energy technology develops, investments in ocean energy are likely to grow. Given our unique and strategic location within the Strait, it is only right that Gibraltar forms part of the global drive to harness our oceans. This agreement is the first step in what could be one of Gibraltar’s major renewable energy sources in future.’ Initial surveys are expected to commence in autumn this year, in different areas of British Gibraltar Territorial Waters.