Innovate UK, in conjunction with the Department for Transport, has announced a new funding opportunity totaling £150 million for the development, deployment, and operation of innovative clean maritime solutions. This initiative, specifically focused on electric power for zero-emission vessels and infrastructure, is open to collaborations where at least one lead organisation is a UK registered business collaborating with other UK registered organisations. The funding aims to support projects over a three-year period in real-world environments.

UK registered businesses that are part of a collaboration are eligible to apply for a share of this fund. The application period opens on March 26, 2026, and closes on September 16, 2026. Compliance officers should note that this is a grant opportunity, not a regulatory mandate, but it represents a significant funding stream for companies involved in clean maritime technology. Interested parties should review the full details on the Innovation Funding Service and prepare their collaborative proposals by the specified deadline.