Announcements
Atlantis to establish new internal division to expand its offerings into non-tidal stream project development
11 January 2017 Atlantis Resources Limited (“Atlantis” or the “Company”) Atlantis to establish new internal division to expand its offerings into non-tidal stream project development Atlantis Resources, a global leader in the tidal power sector, is pleased to announce that it is establishing a new internal division as part of its diversification strategy which will leverage…
Read MoreAward of €20.3m H2020 grant from European Commission
9th January 2017 Atlantis Resources Limited (“Atlantis” or the “Company”) Award of €20.3m H2020 grant from European Commission Atlantis, a global leader in the tidal power sector, is pleased to announce the award of €20.3m in Horizon 2020 grant funding from the European Commission for the DEMOTIDE project, which will design, build and operate a 6MW…
Read MoreInvestment decision for Project Stroma – MeyGen Phase 1B
15 December 2016 Atlantis Resources Limited (“Atlantis” or the “Company”) Investment decision for Project Stroma – MeyGen Phase 1B Atlantis is pleased to announce that Stroma Tidal Power Limited (“STPL”), the Company’s wholly owned project company behind the next phase of the development at the MeyGen site, has confirmed its investment decision to proceed with…
Read MoreMeyGen Update – Full Power Generation from Turbine #1
6 December 2016 Atlantis Resources Limited (“Atlantis” or the “Company”) MeyGen Update – Full Power Generation from Turbine #1 Atlantis, a global leader in the tidal power sector, is delighted to announce another significant milestone with the first installed Andritz Hydro Hammerfest turbine (TTG#1) now operating at full power. Each MeyGen turbine is capable of…
Read MoreThe Big Interview: Tim Cornelius, CEO of tidal power giant Atlantis Resources
Tim Cornelius says widespread job losses in the oil and gas sector have allowed Atlantis Resources to repurpose highly qualified staff with decades of experience. He says he’s had a lifelong affinity with the ocean and fascination with “what goes on under the surface”. So it is fitting that Tim Cornelius should find himself at…
Read MoreNicola Sturgeon, First Minister of Scotland, unveils world’s largest free stream tidal power project
Atlantis, a global leader in the tidal power sector, is delighted to announce that Nicola Sturgeon, First Minister of Scotland, officially unveiled the MeyGen Project, the world’s largest free stream tidal power project, at a ceremony held today at the Nigg Energy Park (“Nigg”) in Scotland. The four 1.5MW turbines that make up Phase…
Read MoreCompletion of DEME Investment in TPSL
Atlantis, a global leader in the tidal power sector, is pleased to announce that DEME Concessions NV, a member of the DEME Group, (“DEME”) has now completed its purchase of shares in Tidal Power Scotland Limited (“TPSL”). Under the terms of the agreement announced in April, DEME has paid £2 million in cash consideration to…
Read MoreEU confirms Brexit has No implications for existing EU funding for UK companies
Atlantis welcomes a statement from Ocean Energy Europe (“OEE”) confirming that there will be no impact on existing EU funding of UK companies as a result of Brexit. The European Commission has assured OEE that all existing contracts to award Commission funds (including Horizon 2020, LIFE, NER 300) and all financing contracts with the European…
Read MoreChange of Registered Office
Atlantis, a global leader in the tidal power sector, announces that its Registered Office address has changed to 80 Raffles Place, Level 36, UOB Plaza 1, Singapore 048624. Enquiries: Atlantis Resources +44 (0)20 3727 1000 Tim Cornelius, Chief Executive Officer Simon Counsell, Chief Financial Officer Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418…
Read MoreFinal Results for FYE 31 Dec 2015
ATLANTIS RESOURCES LIMITED (“Atlantis”, the “Company” or the “Group”) Final Results (Click here to download the full version including Chairman’s Statement and financials.) Atlantis Resources Limited, a vertically integrated turbine supplier and project owner in the tidal power industry, is pleased to announce its final results for the year ended 31 December 2015. The full…
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