Developers behind plans to build the "world’s largest" floating wind farm off Scotland’s north coast have struck a deal to work with a nearby port.
Troubled renewables firm Simec Atlantis Energy (SAE) (LON: SAE) has announced that one of its board members has left with immediate effect.
Shares in Scottish renewables firm Simec Atlantis Energy (SAE) have plunged after it raised £2.6million from investors in a placing announced last night.
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.
The MeyGen tidal power project in the Pentland Firth has reached a technical milestone with its connection to a major power distribution network.
Atlantis Resources, the company behind the ground-breaking MeyGen tidal power project off the Scottish coast, has reported its first profit with its chief executive hailing the firm's "amazing progress" during 2015.
Scotland’s tides are among the most powerful in the world. With an estimated 25% of Europe's tidal potential, it is no surprise that Scotland reigns supreme in attracting international project developers and major OEMs looking to tap into this vast resource.
Atlantis Resources chief executive Tim Cornelius said 2015 has been a "transformational year" with the company's flagship tidal Meygen project approaching commercial power production.
Tidal power developer Atlantis Resources has appointed Stephen Ward as its new director of power generation as the company begins the constructions phase of the MeyGen project in the Pentland Firth.
Tidal power generator Atlantis Resources has appointed Simon Counsell as chief financial officer following the resignation of Duncan Black.