Wave Hub has been named Sustainable Project of the Year in the businessGreen Leaders Awards 2011.
The marine energy project, situated ten miles off the Hayle coast, received the award at a ceremony held in London last night.
The awards recognise the businesses, organisations and individuals that are “pioneering sustainable techniques and technologies that will build the low-carbon economy of the future”.
Wave Hub was shortlisted alongside leading national and international companies including HSBC, Tesco and British Sky Broadcasting.
Collecting the award, Wave Hub general manager Claire Gibson paid tribute to the South West RDA for having the vision to invest in and develop the project.
She said: “Wave Hub has been eight years in the making and it is credit to the South West RDA that the project was finally installed off the north Cornwall coast last summer.
“Many didn’t believe it would be built but thanks to an excellent team at the RDA and our many contractors, Wave Hub is open for business and we are optimistic that the first wave energy device will be connected to the Hub next year.”