Press

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…

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…

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.…

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…

Tidal power technology developer Atlantis Resources has landed the last berth at the Fundy Ocean Research Centre for Energy (Force) testing facility being developed in the Minas Passage off Nova Scotia, Canada. The company, one of five bidding for the place at the landmark Bay of Fundy centre, will work with Lockheed Martin and Irving…

The Indian state of Gujarat is planning to host Asia’s first commercial-scale tidal power station. The company Atlantis Resources is to install a 50MW tidal farm in the Gulf of Kutch on India’s west coast, with construction starting early in 2012. The facility could be expanded to deliver more than 200MW. The biggest operating tidal…

Atlantis Resources Corp., an ocean- current turbine maker backed by Morgan Stanley, expects to spend $150 million on Asia’s first commercial plant to generate electricity jointly from the wind and tides. “The current estimated capital expenditure for the first phase of 50 megawatts is $150 million,” Chief Executive Timothy Cornelius said in a telephone interview…

Hon. Chief Minister Modi approves historic 50MW tidal current power project Gandhinagar, Gujarat, India – 12th January 2011: The Right Honourable Chief Minister of Gujarat, Narendra Modi, has taken a further step today in proving his renewable energy and sustainable economic growth credentials by approving a 50MW tidal power project to be constructed in the…

Nov. 3 (Bloomberg) — Atlantis Resources Corp., an ocean- current turbine maker backed by Morgan Stanley, plans to expand in China, India and South Korea after winning a bid in the U.K. to build the world’s largest tidal-power project. Atlantis Resources may start building a 50 megawatt tidal farm by 2012 in Gujarat, a western…

The world’s first major tidal energy project – a £1.6 billion underwater farm of 400 turbines off northern Scotland – has been given the go-ahead by the Crown Estate. When complete in 2020, the Pentland Firth project will generate enough electricity for 400,000 homes. It will also provide employment for hundreds of former nuclear workers…