Posts by Atlantis
Atlantis commits to Narec Testing Programme
International marine energy developer sets out plans for continued investment in technology development and commercialisation during 2012 London, 2nd February, 2012: Atlantis Resources Corporation will continue its AR1000 tidal turbine testing programme at the National Renewable Energy Centre (Narec) in Blyth, Northumberland. The company’s AR1000 nacelle was retrieved from its test berth at the European Marine…
Read MoreOrkney Islands provide a glimpse of a renewable future
The winds and stormy seas that dominate the 70 islands that make up the Orkneys has shaped the life of islanders as well as the island itself – most evident from the lack of trees or crops able to grow there. Today it’s no different; the weather and the climate caused by its open exposure…
Read MoreAtlantis Resources selects Lockheed Martin
Atlantis Resources selects Lockheed Martin for design work on 400 MW tidal project in Pentland Firth Ireland is known as the Emerald Isle, and now, its northern neighbor, Scotland, is looking to a green future as well with the development of a 400 MW renewable energy facility powered by the tides. Lockheed Martin recently received…
Read MoreAtlantis Resources Corporation connects 1MW tidal turbine to the national grid
The AR1000 turbine becomes Scotland’s first grid-connected 1MW tidal turbine Orkney, Thursday 11th August: Atlantis Resources Corporation, the international marine energy developer, has connected its 1MW AR1000 tidal turbine to the grid at the European Marine Energy Centre (EMEC) in Orkney, Scotland. The AR1000 becomes Scotland’s first grid-connected, commercial-scale tidal turbine, marking a crucial…
Read MoreMarine energy in Scotland: A rising tide?
A remote town hopes to become a clean-energy hub EVEN on a sunny day the rugged coastline of Caithness—with its small towns huddled round little harbours, looking 15 miles across the Pentland Firth to the dark cliffs of Orkney—feels as though it is on the edge of the world. The remoteness of this most northerly…
Read MoreScotland propelled towards green future
SCOTLAND’S first commercial-scale tidal turbine has been connected to the electricity grid off the Orkney coast and begun generating power. The gigantic machine which resembles an underwater wind turbine weighs 1,500 tonnes and stands 70 feet off the seabed. Atlantis Resources Corporation hopes the 1MW device, known as AR1000, will generate enough electricity annually to…
Read MoreTidal turbine connects to grid off Orkney
Scotland’s first grid-connected commercial-scale tidal turbine has begun generating power. The three-bladed device, which could generate enough electricity for about 1,000 homes, has been installed in waters off Orkney. The AR1000 turbine is claimed to be the world’s most powerful single-rotor tidal device. It was developed by the international marine energy firm Atlantis Resources Corporation.…
Read MoreAtlantis Resources Corporation completes final phase of fundraising
Atlantis Resources Corporation completes final phase of fundraising Singapore, 12 July 2011- Atlantis Resources Corporation, the international tidal energy developer, has completed the second and final phase of its latest fundraising with an investment from Singapore’s leading global fund, EDBI (EDB Investments Pte Ltd). Together with new and existing shareholders, including US investment bank, Morgan…
Read MoreUK marine energy sector ‘could be worth £76bn and support 68,000 jobs’
A government thinktank has predicted that the British marine energy sector could be worth £76bn to the economy and support 68,000 jobs by 2050. The analysis, released this week by the Carbon Trust, comes only weeks after coalition ministers ended the industry’s subsidy programme. Britain could capture almost a quarter of the global wave and…
Read MoreAtlantis Resources Corporation completes R&D fundraising
Atlantis Resources Corporation, the international tidal energy developer, has raised $6M USD (£3.7M) to support its research and development programme. The successful fundraise involved predominantly existing shareholders. Atlantis CEO, Tim Cornelius, said: “This small equity round will be used to finance deployment and testing of our AK 1000 turbine at the European Marine Energy Centre…
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