Key equipment for the world’s first floating windfarm will be made in Aberdeen and at Nigg Energy Park in the Highlands, it was announced yesterday.
Atlantis Resources has sought advice from Macquarie Capital as it looks to review its options for attracting long term investors in its Scottish tidal power portfolio. The company, which owns the majority of the world’s largest planned tidal power MeyGen project, is offering potential investors an interest in its projects.
Europe’s key ocean energy industry figures are meeting with key political leaders at a high level summit in Dublin today to present a game plan for commercialising the ocean energy sector.
Atlantis Resources said €17million of funding has been transferred from the Kyle Rhea project to the world’s largest planned tidal stream energy project MeyGen. The transaction was approved by the European Commission’s Climate Change Committee for MeyGen Phase 1B. The move is planned to help accelerate the development of the project with this second phase targeted to reach financial close and commence construction during 2016.
The latest phase of the Meygen tidal energy project has been completed with the laying of four subsea cables.
Tidal power generator Atlantis Resources has appointed Simon Counsell as chief financial officer following the resignation of Duncan Black.