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.
Plans are progressing for the second phase of the world’s largest tidal energy project off the North coast of Scotland.
Simec Atlantis Energy is in talks with UK Government to aid the expansion of the world’s largest tidal energy project.
Two north sites are among 12 around Scotland identified as “prime” for green datacentres.
Global Energy Group has today announced the upcoming appointment of Tim Cornelius in the new role of group chief executive.
Australian businessman Tim Cornelius will resign as chief executive of Scottish renewable energy firm Simec Atlantis Energy (SAE) later this month.
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 renewable energy firm Simec Atlantis said today the tidal generation system it designed and built has arrived in Nagasaki harbour, Japan.
Workers have been furloughed at a Highland marine energy firm as it looks to mitigate the fallout of the coronavirus pandemic.
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.
A Scottish project has passed a new milestone for generating “predictable” renewable energy from a tidal array.
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.
The removal of UK Government subsidy in 2017 left the burgeoning Scottish tidal energy sector in crisis.
Plans have been unveiled to build the world’s first ocean-powered data centre in the north of Scotland.
An Inverness firm of architects is expanding across the Highlands.
Last month, the Scottish Government revived a £10 million prize fund to boost commercial prospects for tidal energy in Scotland.
The Pentland Firth-based Meygen tidal turbine notched up a new world record last night.
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.
A marine energy firm based in Scotland's Pentland Firth has announced the launch of two modified tidal turbines.
A Pentland Firth-based tidal energy project has announced a large-scale grant funding win.
Simec Atlantis Energy will beef up the MeyGen tidal array in the Pentland Firth with at least two more of its 2 megawatt turbines.
Simec Atlantis Energy said today that two faulty turbines on its MeyGen project had returned to action.
SIMEC Atlantis (SAE) has unveiled designs for the world’s largest single-rotor tidal turbine, which is planned for deployment in Scotland.
A renewables boss has said the tide may be turning for marine energy in Scotland, but warned the sector is at “real risk” due to the removal of government support.
The world’s largest tidal energy plant has suffered damage to its turbines just months after construction ended.