Simec Atlantis seeks to raise another £341k to pay out shareholder
Simec Atlantis Energy shares have slumped in early trading after it called an emergency meeting to raise £341,000 to pay out a shareholder and replace its auditor, EY.
Meygen
Tidal stream could generate 11% of UK’s electricity demand – but support needed now
A new study finds that tidal stream power could reach 11.5 GW of installed capacity by 2050, but that time is of the essence if this resource is to be realised.
Simec Atlantis shares tumble on Gupta fallout
Shares in Simec Atlantis Energy (SAE) have dropped 30% after the tidal power developer disclosed that receivers are trying to take control of a significant portion of its shares held by the Sanjeev Gupta GFG Alliance.
MeyGen tidal project progressing with plans to enter CfD allocation round four
Plans are progressing for the second phase of the world’s largest tidal energy project off the North coast of Scotland.
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.
Two north sites among 12 in Scotland identified as prime for green data centres
Two north sites are among 12 around Scotland identified as “prime” for green datacentres.
Global Energy Group appoints Tim Cornelius as new CEO
Global Energy Group has today announced the upcoming appointment of Tim Cornelius in the new role of group chief executive.
Cornelius to resign as CEO of Simec Atlantis Energy
Australian businessman Tim Cornelius will resign as chief executive of Scottish renewable energy firm Simec Atlantis Energy (SAE) later this month.
SAE teams with Dutch firm to produce green fuel for power plants
Simec Atlantis Energy (SAE), owner of the MeyGen tidal array in the Pentland Firth, has teamed up with a Dutch firm in a joint venture to produce environment-friendly fuel for converted coal-fired power stations.
Scottish made tidal generation equipment arrives in Japan
Scottish renewable energy firm Simec Atlantis said today the tidal generation system it designed and built has arrived in Nagasaki harbour, Japan.
Simec Atlantis Energy furloughs workers due to Covid-19 pandemic
Workers have been furloughed at a Highland marine energy firm as it looks to mitigate the fallout of the coronavirus pandemic.
Simec Atlantis Energy wins £1.5m Scot Gov grant for Meygen project
Scottish marine energy firm Simec Atlantis Energy has scooped a £1.5 million grant from the Scottish Government to develop its Meygen tidal turbine project.
MeyGen beats new tidal power record, Simec progresses plans for ocean-powered data centre
A Scottish project has passed a new milestone for generating “predictable” renewable energy from a tidal array.
Reasons for optimism: Taking stock of carbon reduction achievements and possibilities
As we enter a new decade, I’m sure I’m not alone in reflecting on matters that are personally important, together with major issues that impact on society, the environment and the economy.
Simec Atlantis on crest of wave as Cornelius widens vision
The removal of UK Government subsidy in 2017 left the burgeoning Scottish tidal energy sector in crisis.
Plans for ‘world’s first’ ocean-powered data centre in Scotland
Plans have been unveiled to build the world’s first ocean-powered data centre in the north of Scotland.
Architects with renewables track record expanding in Highlands
An Inverness firm of architects is expanding across the Highlands.
AREG: Turning the tide
Last month, the Scottish Government revived a £10 million prize fund to boost commercial prospects for tidal energy in Scotland.
Meygen tidal turbine notches up new world record
The Pentland Firth-based Meygen tidal turbine notched up a new world record last night.
Simec Atlantis picks supplier for MeyGen connection system
UK-based firm Engineering Technology Applications (ETA) will supply a subsea tidal turbine connection system for the extension of a major tidal array in the Pentland Firth.
Simec Atlantic ‘successfully’ launch two Meygen tidal turbines
A marine energy firm based in Scotland's Pentland Firth has announced the launch of two modified tidal turbines.
Simec Atlantis wins big in tidal energy grant funding
A Pentland Firth-based tidal energy project has announced a large-scale grant funding win.
New turbines to raise MeyGen output by 40%, Simec Atlantis says
Simec Atlantis Energy will beef up the MeyGen tidal array in the Pentland Firth with at least two more of its 2 megawatt turbines.
Faulty MeyGen turbines returned to action
Simec Atlantis Energy said today that two faulty turbines on its MeyGen project had returned to action.
SIMEC Atlantis unveils world’s largest single-rotor tidal turbine
SIMEC Atlantis (SAE) has unveiled designs for the world’s largest single-rotor tidal turbine, which is planned for deployment in Scotland.