Announcements

The western Indian state of Gujarat plans to spend 250 million rupees ($4.8 million) to help develop the nation’s first project to produce power from ocean tides. Gujarat approved the funding along with an additional 100 million rupees for a pilot geothermal power project in its budget for the financial year that started April 1,…

London, 13th March, 2012: International marine energy developer Atlantis Resources Corporation has been awarded SSIP (Safety Schemes in Procurement) accreditation following a successful assessment conducted by Safety Management Advisory Services (SMAS).  This is a voluntary standard of best practice to complement UK HSE requirements and will assure potential clients and partners that the company employs…

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…

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…

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…

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…

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…

Atlantis Resources Corporation is committed to keeping the marine energy sector abreast of progress in replacing the blades on its AK1000™ tidal turbine. This follows the failure of the experimental composite blades at the EMEC test facility in Orkney in August, owing to a manufacturing fault. We are pleased to report that the fabrication of…

 Nova Scotia’s bid to become a North American leader in the development, supply and support of tidal energy projects took another step forward today, Feb. 10 with the announcement that an international consortium will test one of the world’s largest tidal turbines in the Bay of Fundy’s aggressive marine environment. Atlantis Resources Corporation, a world-leading…

Atlantis Resources Corporation is committed to keeping the marine energy sector abreast of progress in replacing the blades on its AK1000™ tidal turbine.  This follows the failure of the experimental composite blades at the EMEC test facility in Orkney in August, owing to a manufacturing fault. Following a tender process, a contract to manufacture standard…