Great news announced - the giant insurance company The Prudential has decided to become a major investor in this Swansea based enviro project.
The tidal lagoon which will generate clean electricity for thousands of homes will also be a fantastic addition to the Swansea landscape.
The project will harness the power of the tides in Swansea bay to generate power.
It will also of course be a major tourist attraction bringing even more visitors to Swansea in years to come.