Talks ongoing with UK Gov to secure support for further rollout of MeyGen
Simec Atlantis Energy is in talks with UK Government to aid the expansion of the world’s largest tidal energy project.
Meygen project
Renewables firm Simec Atlantis unlocks potential £12m with share place agreement
Simec Atlantis has entered into a share place agreement with a US-based investor in a move that could raise as much as £12 million.
Simec Atlantis posts pre-tax losses of £6.1m for first half of 2020
Simec Atlantis has praised the performance of its tidal and engineering services division after halving its pre-tax losses in a year.
Stakes in Simec Atlantis plummet after firm announces plans to issue 50m new shares
Shares in Simec Atlantis Energy, which operates the MeyGen tidal array in the Pentland Firth, plummeted today.
Simec Atlantis looks to Japanese expansion with new Nagasaki office
A Scottish renewable energy firm is looking to expand its reach into Japan with the creation of a new office in Nagasaki.
Simec Atlantis looks to raise £7m with new bond offering
Highland-based tidal energy firm Simec Atlantis Energy has announced it it aiming to raise £7 million with the introduction of a new bond offering.
Scottish marine energy developers could ‘go abroad’ if not backed, policy chief warns
Scottish firms who develop wave and tidal power could "go abroad" if the sector does not receive the financial backing it needs, an energy policy chief has warned.
MeyGen tidal turbine looks to churn out 50% more power than nuclear
A Highland tidal project has the potential to generate 50% more energy than the former Dounreay Nuclear plant, according to the boss of the development.
Balmoral subsea centre used for marine mammal tidal turbine testing
Offshore engineering firm Balmoral Group has revealed its Aberdeen subsea centre was the site for new tests examining the interaction between tidal turbines and marine mammals.
Scottish marine energy to fall ‘well short’ of million home forecast
Proponents of marine power accept that ambitious forecasts made for the first round of seabed leases in the Pentland Firth and Orkney waters are going to fall well short.
‘Shared interest’ prompts groundbreaking Scottish renewables deal
A shared interest in Scottish tidal power led to the completion of a groundbreaking renewable-energy deal.
New energy projects win big at Green Energy Awards
Pioneering energy projects across the Highlands and Islands have been recognised at the Scottish Green Energy Awards.
Marine renewables company Atlantis Resources sees first-half losses narrow
The chief executive of Atlantis Resources today hailed “positive” headway the firm has made on the world’s largest tidal project.
Green campaigner backs Atlantis tidal funding deal
Green campaigners have welcomed plans for a £500 million boost to Scotland’s tidal power industry.
Atlantis Resources appoints new project director
Tidal power player Atlantis Resources has appointed a new director of project development to oversee its key developments in Scotland and internationally.