Ocean Power Delivery Ltd was offered grant of £250,000 towards the costs involved in expanding its current production facility and securing additional new premises to meet customer demand. The company is engaged in the design and manufacure of Pelamis, a world-leading wave energy generation technology. Pelamis has been successfully prototyped in Orkney and is soon to be installed off the Portugese coastline as the world's first commercial wavefarm. The project, which involves capital expenditure of £841,000 will be undertaken at its premises in Methil, Fife and is expected to create 53 new jobs.