Press

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The UK’s ‘MeyGen Project’ awarded the ICOE’s inaugural ‘Navigator Award’ 5th November 2014: Last night, the 398MW MeyGen project was awarded the first ever ‘Navigator Award’ at the International Conference on Ocean Energy (ICOE), in recognition of the project’s significant contribution to global marine renewable industry. The highly prestigious Award was awarded to the MeyGen…

From Proactive Investors – Shares in Atlantis Resources (LON:ARL) surged over 10% in early deals on Friday after it emerged the group had agreed a more than £50mln funding package for the first phase of its MeyGen project in Scotland Pentland Firth. The project is set to be the globe’s largest tidal energy operation, and…

Moon Power in Scotland – GE {youtube}jEcGpXCz9ps{/youtube}

2014 Business Excellence Awards  Tim Cornelius named ‘Singapore CEO of the year’ by Acquisition International Atlantis CEO Tim Cornelius has been recognised for his inspiring leadership and outstanding contribution to the energy sector in the prestigious 2014 Acquisition International Magazine Business Excellence Awards, announced today. Tim Cornelius beat tough competition to win the award for…

The Economist 6 June 2014 (print and online edition) The full article can be read here: http://www.economist.com/news/britain/21603480-rush-harness-britains-tides-just-one-problem-shooting-moon  

Atlantis turns tide for Scots sea power By Danny Fortson at the Sunday Times {youtube}EZVegcyxTJY{/youtube}   Tidal turbines are being put in the Pentland Firth but the electricity they produce will cost six times the normal price   As a younger man, Tim Cornelius would spend his days at the bottom of the North Sea.…

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…

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…