Simec Atlantis Energy is in talks with UK Government to aid the expansion of the world’s largest tidal energy project.
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 has praised the performance of its tidal and engineering services division after halving its pre-tax losses in a year.
Shares in Simec Atlantis Energy, which operates the MeyGen tidal array in the Pentland Firth, plummeted today.
A Scottish renewable energy firm is looking to expand its reach into Japan with the creation of a new office in Nagasaki.
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 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.
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.
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.
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.
A shared interest in Scottish tidal power led to the completion of a groundbreaking renewable-energy deal.
Pioneering energy projects across the Highlands and Islands have been recognised at the Scottish Green Energy Awards.
The chief executive of Atlantis Resources today hailed “positive” headway the firm has made on the world’s largest tidal project.
Green campaigners have welcomed plans for a £500 million boost to Scotland’s tidal power industry.
Tidal power player Atlantis Resources has appointed a new director of project development to oversee its key developments in Scotland and internationally.