Posts by Atlantis
Expansion of strategic relationship with Dongfang
ATLANTIS RESOURCES LIMITED Expansion of strategic relationship with Dongfang London – Atlantis Resources Limited (“Atlantis” or the “Group”), a vertically integrated turbine supplier and project owner in the tidal power industry, announces that it has reached agreement with Dongfang Electrical Machinery Co. Limited (“Dongfang”) for the execution of onshore tidal turbine testing in…
Read MoreChina pursues the holy grail of ocean energy, in a massive way
China is the latest country to take on the decades-old challenge of generating electricity from the world’s oceans. Beijing has invested an estimated $160 million in tidal and wave energy projects since 2010, the Wall Street Journal reported, embarking on joint ventures with Lockheed Martin, Israel’s Eco Wave Power, the Netherlands’ Arcadis, and Singapore’s Atlantis…
Read MoreChina’s New Wager: Pulling Energy From the Ocean
HONG KONG—A race is under way to unlock one of the world’s biggest untapped sources of clean energy—the ocean—with China emerging as an important testing ground. That could heighten competition with Western companies, especially if Chinese businesses begin using technologies developed with joint-venture partners to expand rapidly. The European Union so far has led efforts…
Read MoreCommencement of Lockheed Martin Technology Development Agreement
ATLANTIS RESOURCES LIMITED Commencement of Lockheed Martin Technology Development Agreement London – Atlantis Resources Limited (“Atlantis” or the “Group”), a vertically integrated turbine supplier and project owner in the tidal power industry, announces that it has formally commenced a detailed design and systems integration agreement with Lockheed Martin to develop the Group’s most advanced…
Read MoreAtlantis Resources cashed up for phase I tidal power plant
Timothy Cornelius, chief executive of Atlantis Resources (LON:ARL), says that, since the recent IPO, the company now has the cash to take it through to the implementation of phase I of the MeyGen project off the Scottish coast. Tim says that this alone will have the capacity to power 200,000 homes in Scotland. Atlantis is…
Read MoreFIRST DAY OF DEALINGS AND ADMISSION TO TRADING ON AIM
ATLANTIS RESOURCES LIMITED SUCCESSFUL PLACING RAISES £12 MILLION London – Atlantis Resources Limited (“Atlantis” or the “Group”), a vertically integrated turbine supplier and project owner in the tidal power industry, is pleased to announce the commencement at 08.00 today of dealings in its Ordinary Shares on AIM, a market operated by the London Stock…
Read MoreATLANTIS RESOURCES SECURES €7.7 MILLION FROM EUROPEAN COMMISION
Atlantis Resources secures €7.7 million from European Commission AIM listed Atlantis Resources Limited has today announced that it has successfully secured €7.7 million in grant funding from the European Commission’s Seventh Framework Programme for Research and Technological Development. The EC funding will support deployment of multi tidal-turbine arrays at the business’ MeyGen tidal energy site…
Read MoreDEVELOPMENT OF TIDAL ENERGY IN EUROPE
Atlantis welcomes EU proposal for the development of tidal energy in Europe. Please find the ‘Communication from the Commission to the European Parliament’ at: http://ec.europa.eu/maritimeaffairs/policy/ocean_energy/documents/com_2014_8_en.pdf
Read MoreTIDAL ENERGY: PENTLAND FIRTH ‘COULD POWER HALF OF SCOTLAND’
The Pentland Firth is said to have massive potential for tidal energy, but the harsh environment makes harnessing it a difficult challenge A tidal energy scheme in the Pentland Firth could provide enough power for almost half of Scotland’s electricity needs, according to research. The firth, which lies between Orkney and the Scottish…
Read MoreATLANTIS APPOINTS N+1 SINGER
London: Atlantis has appointed N+1 Singer as its Nominated Adviser & Broker in relation to its proposed IPO on AIM. Contact: N+1 Singer – +44 (0) 20 7496 3000
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