Set to be used at sea to link power cables, the 18-month initiative could help to reduce the cost of cabling between dry land and offshore wave and tidal farms, reports Environmental Expert.
Chief executive of ETI Dr David Clarke explained that the new product could save money by simplifying the installation of the device and the funds needed to lay the cables to shore.
He told the news provider: "Developing wet-mate connectors with a significantly higher kV rating will considerably reduce the cost of tidal and energy arrays."
Mr Clarke described it as "critical" for the costs involved in marine energy production to be lowered, since he predicted that it could provide up to two GW of electricity demand in the UK by 2020.
Last week, Molex announced the launch of a new circular hybrid technology (CHT) connector, which can be used in automation control devices, base stations and HVAC control systems.
