Search results for: Atlantis

135 results

A list of search results

6 June 2017

Year:   Type:   Length (m):   Classification:   Deck Area (m2):   Max. Load (t):   Crane:   Engines:   Propulsion:   Fuel Load (l):   Sleeping Berths:  

12 May 2017 Business & Finance, R&D, Technology

Marine renewables developer Atlantis Resources has signed a Strategic Partnership Agreement (SPA) with South Korean offshore construction giant Hyundai Engineering & Construction to collaborate on the development of ocean power renewable projects globally.

26 January 2017 Business & Finance, R&D, Technology, Wind Farm Update

Marine renewables developer Atlantis Resources has signed a Memorandum of Understanding (MoU) with the French floating foundations designer Ideol to collaborate on a floating wind project off the UK. The collaboration will seek to initiate the development of a floating offshore wind project of up to 1.5 GW, with a pre-commercial phase of up to 100MW […]

11 January 2017 Business & Finance, R&D, Technology

Tidal energy specialist Atlantis Resources is establishing a new internal division which will focus on opportunities to develop, among others, subsea interconnectors and floating wind projects for those looking to invest in renewable and grid related projects. The new division is part of the company's diversification strategy which will leverage the existing skill set the company has accumulated […]

1 December 2015 Business & Finance

Edinburgh-headquartered tidal power developer Atlantis Resources Limited has appointed Stephen Ward the Director of Power Generation. Ward is joining the company’s new executive management group following the relocation of Atlantis' corporate headquarters from Singapore to Scotland. Prior to joining Atlantis, Ward served as Head of Project Management UK at AREVA Wind, after which he moved to Offshore Operations at […]

16 October 2015 Business & Finance

The European Commission’s Climate Change Committee has approved the transfer of €17 million of funding from the Kyle Rhea project to Atlantis’s MeyGen Phase 1B (Project Stroma) and will accelerate the development of the MeyGen project, with this second phase targeted to reach financial close and commence construction during 2016. The €17 million funding was […]

29 September 2015

Tim Cornelius, CEO of the tidal developer Atlantis Resources, has taken a seat on the Board of Directors of Ocean Energy Europe – the industry group for ocean renewable energy – by becoming a Lead Sponsor of the organisation. The move reflects Atlantis’ position as a leading developer of commercial tidal power projects and underpins its […]

16 September 2015

Atlantis is working along the offshore cable route of the Meygen tidal energy project off Caithness, Scotland. Last week, the project's team was checking MeyGen's liner pipes to confirm they are ready to host the subsea cables. Engineers working on the project are using rock bags to secure subsea liner pipes before the cable installation, Atlantis informed […]

15 September 2015 Business & Finance

Atlantis has appointed Simon Counsell as Chief Financial Officer (CFO). The company has accepted the resignation of Duncan Black as CFO, who will step down on 18 September 2015, due to the intended relocation of the corporate headquarters, including the finance and administration function, to Scotland from Singapore. Black will remain on the Board as a Non-executive […]

11 September 2015 Business & Finance

Atlantis has formed a joint venture partnership with the DP Energy group to develop a multi-turbine array at the FORCE facility in Nova Scotia, Canada. The two companies have entered into a sale and purchase agreement for the sale of a 50% interest in Atlantis Operations (Canada) Limited (AOCL). AOCL is the lease holder of a […]

20 August 2015 Business & Finance

Atlantis Resources Limited has raised £2.5 million before expenses through the conditional placing of 5,952,380 new ordinary shares. Tim Cornelius, CEO of Atlantis, commented: “We are very pleased with the continued support of our shareholders demonstrated through this successful placing. The funds raised will allow us to replicate our success at the MeyGen project and bring […]

3 August 2015 Business & Finance

Tidal power company Atlantis Resources has appointed Ian Cobban as an independent Non-Executive Director with immediate effect. Cobban has over 30 years of experience in the subsea construction, operations and maintenance industry. He first joined Subsea Offshore Ltd, a subsidiary of Subsea 7 S.A, a company listed on the Oslo Børs and a leading global contractor in […]

29 July 2015 Authorities

Atlantis Resources has kicked off grid connection cable burial works for the tidal energy project, MeyGen.  The company has already completed Horizontal Directional Drilling (HDD) of bore holes from the foreshore into the inner sound and down to the seabed, with subsea exits on all four bore holes. Each hole is 550 meters in length and […]

24 July 2015

Atlantis Resources reported yesterday that all of the horizontal directional drilling (HDD) works for MeyGen Phase 1A tidal project have now been completed on time for the cable installation. Four bore holes were drilled at a distance of 570 meters underground to within 2m of their exit target offshore. The installation of the offshore submarine […]

1 July 2015 Business & Finance

Atlantis has completed the acquisition of Marine Current Turbines Limited (MCT) from Siemens AG in an all share deal, conditional upon admission of the consideration shares. Accordingly, as consideration for the acquisition, Atlantis has issued 9,911,577 new ordinary shares of no par value in the Company to Siemens AG, increasing the Company's total number of […]

29 April 2015 Business & Finance

Atlantis has reached an agreement to acquire the Bristol based tidal business, Marine Current Turbines Limited (MCT) from Siemens. MCT was the company to installation and commission the world’s first commercial scale tidal turbine in 2008. The SeaGen S 1.2MW turbine, located in Strangford Narrows in Northern Ireland, has generated approximately 10 gigawatt hours of […]

9 April 2015

The Switch received an order to deliver a medium-speed generator for use in the Atlantis Resources Ltd AR1500 turbine drive train. During March 2015, Atlantis confirmed an order with The Switch for an integrated PM medium-speed generator that resulted from a successfully completed pre-design project carried out in 2014. The Switch generator will be used […]

30 March 2015 Business & Finance, Technology

Atlantis, majority owner of the MeyGen tidal stream energy project, has executed a construction contract with global defence contractor Lockheed Martin, for the delivery of Atlantis' new 1.5 megawatt AR1500 turbine to fulfil the company's MeyGen project turbine supply obligations. The 18 metre rotor diameter AR1500 turbine, scheduled for delivery dockside in Scotland in 2016, will […]

16 January 2015

Two companies from marine renewables industry will make a key presentation to investors at the 2015 Innovators & Investors Forum being held at London's Business Design Centre on February 3. Atlantis Resources, a tidal turbine supplier, and SeaEnergy, an offshore energy services business, will join other pioneering and imaginative technology-led firms at the event. Around […]

22 December 2014 Business & Finance

Atlantis Resources Limited's Canadian subsidiary has been awarded a Feed-in Tariff (FiT) for up to 4.5 megawatts of tidal generation to be deployed at the Fundy Ocean Research Center for Energy (FORCE) in Nova Scotia, Canada. The Developmental Feed-In-Tariff award of C$530 (£292) per megawatt hour (MWh) provides revenue support for Atlantis to deploy and […]

29 October 2014 Business & Finance, R&D, Technology

Atlantis Resources Ltd has signed a 10-year (extendable) seabed Sublease with the Fundy Ocean Research Center for Energy in Nova Scotia, Canada (FORCE). The Sublease provides Atlantis a berth for tidal turbine deployment in the Bay of Fundy, within the demised area of seabed allocated to FORCE under its Head Lease Agreement with Her Majesty the […]

19 September 2014 Business & Finance

Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen Limited (“MeyGen”), announced that all conditions were satisfied under the terms of the funding package announced on 21 August 2014 to enable the drawdown of funding for the project. Financing to fully fund Phase 1A of the MeyGen project has now been fully committed and […]

11 September 2014 Authorities, Business & Finance, Technology

The Crown Estate has signed a 398 MW, 25-year seabed lease with Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen. Ronnie Quinn, Head of Ocean Energy, The Crown Estate said: “Our commitment to invest in and agree a lease for the Meygen project continues our strategy to explore tidal stream energy on […]

29 August 2014 Business & Finance

Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen, has been awarded a £7.5 million two year contract with the UK’s Energy Technologies Institute (“ETI”) to deliver a multi-turbine foundation structure which will support a further two turbines at the Atlantis-owned MeyGen tidal stream array in the Pentland Firth, Scotland. The agreement […]

22 August 2014 Authorities, Business & Finance, R&D, Technology

Atlantis Resources, owner of the world's largest planned tidal stream energy project, MeyGen, has agreed terms with a funding syndicate for a funding package for Phase 1A of the MeyGen project.   Total project funding package, which is a combination of equity, debt and grant, will exceed £50m. Funding syndicate members comprise the UK Government through […]

25 July 2014

Atlantis, owner of the world’s largest planned tidal current energy project, MeyGen, and tidal energy equipment supplier, announces that it has signed a turbine supply agreement with Andritz Hydro Hammerfest to supply three 1.5 megawatt tidal power turbines for Phase 1A of the MeyGen project in the Pentland Firth in Scotland. Atlantis also announces that […]