INNOVATORS OF SUSTAINABLE ALTERNATIVE ENERGY PROJECTS

By the end of 2021, MeyGen had produced 70% of the global tidal energy output*

*Source: Ofgem public records, #BEIS

Since 2016 MeyGen has produced 72% of the UK's total tidal output*

*Source: Ofgem public records, #BEIS

INNOVATORS OF SUSTAINABLE ALTERNATIVE ENERGY PROJECTS

ABOUT US

We are SAE. Our aim is to be a global leader in the creation of new, sustainable energy projects for the benefit of our planet. We are passionate about what we do. Our sustainable energy projects are not just good business, they are making a meaningful contribution towards tackling two of the biggest issues currently facing society – climate change and the war on plastic.

Sustainably fuelled generation

We have pioneered the conversion of existing coal fired power stations to use waste derived fuel pellets. We have the technical expertise to help reduce the global use of coal around the world.

Tidal Stream Power

We are global leaders in tidal energy system design, development and operation.

Our flagship project MeyGen harnesses the power of the tides to generate clean, renewable energy to the grid.

MISSION, VISION & VALUES

Planet-3

OUR VISION

To be a global leader in the creation of new, sustainable energy projects for the benefit of our planet

Inside-the-Nacelle2

OUR MISSION

To collaborate and innovate to reduce costs and deliver sustainable energy projects

Worker2

OUR VALUES

Today – We are an innovative and dedicated team

Tomorrow – Through collaboration and teamwork we will become truly global and achieve our vision

Always – We always value the safety of each other, our communities and the environment

saerenewables SAE @saerenewables ·
20 Feb

Following the news today that it has generated the world's first 50GWh of electricity from #tidal power – here’s a video reminder of the #MeyGen project: https://www.youtube.com/watch?v=owCf8VfO-Jw #NetZero @scotent

Reply on Twitter 1627629809181331460 Retweet on Twitter 1627629809181331460 7 Like on Twitter 1627629809181331460 25 Twitter 1627629809181331460

Bond repayment update and AIM Rule 26 website change

By SAE | February 23, 2023

SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”) Bond repayment update and AIM Rule 26 website change SAE Renewables (AIM: SAE) is today issuing a communication to its bondholders outlining its plans for repayment of its three 5-year debentures, issued through Atlantis Future Energy (“AFE”) and Atlantis Ocean…

MeyGen site generates the world’s first 50GWh of electricity from tidal power

By Admin | February 20, 2023

I’m excited to announce a significant milestone for our MeyGen project, for the industry and on our net zero and energy security journey. During the early hours of this morning, and with only marine life for company, our tidal stream array off the coast of the Pentland Firth became the first tidal stream array in…

Appointment of Nominated and Financial Adviser

By Admin | February 3, 2023

SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”)  Appointment of Nominated and Financial Adviser   SAE Renewables (AIM: SAE) is pleased to announce the appointment of Strand Hanson Limited as the Company’s Nominated and Financial Adviser with immediate effect. Zeus Capital Limited will be the Company’s sole broker.…

Change of Adviser

By Admin | January 20, 2023

SIMEC Atlantis Energy Limited (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Change of Adviser   SAE today announces the appointment of Zeus Capital Limited as Joint Broker, with immediate effect. This follows the completion of the acquisition of Arden Partners plc by Zeus Group Limited on 16 January 2023.   For further…

Battery Energy Storage Project at Uskmouth receives conditional planning consent

By Admin | December 9, 2022

SAE is pleased to announce that the planned 230MW / 460MWh battery energy storage system at the Uskmouth site has been granted planning consent with conditions by Newport City Council. As announced on 24 May 2022, SAE has been working with Energy Optimisation Solutions (“EOS”) and Quinbrook Infrastructure Partners, via their portfolio company Uskmouth Energy…

DELIVERY OF NEXT PHASE OF THE WORLD-LEADING MEYGEN PROJECT CONTINUES AT PACE

By Admin | November 8, 2022

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”)  Delivery of next phase of the world-leading MeyGen project continues at pace  SAE, the global leader in tidal energy, is continuing to make good progress in the delivery of the first commercial-scale tidal array in the world at its MeyGen site…

SAE tidal division secures new investment

By Admin | October 21, 2022

SAE is pleased to announce that on 19th October 2022 it agreed to the sale of a majority (approximately 79%) stake in its Advanced Tidal Engineering and Services division (“ATES”) to Proteus Marine Renewables Limited (“Proteus”). This division has been responsible for the design of Atlantis’ tidal turbines to date and the deployment and recovery…

SAE releases interim results

By Admin | September 30, 2022

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE releases interim results   SAE announces its unaudited Interim Results for the six months ended 30 June 2022. A complete version of the results can be found on the Company website (www.saerenewables.com/investor-relations/company-documents).   Summary of Results   The overall loss…

Tidal energy momentum builds with the latest re-deployment at MeyGen site

By Admin | September 23, 2022

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Tidal energy momentum builds with the latest re-deployment at MeyGen site   SAE is pleased to announce the latest turbine re-deployment at its MeyGen site. The successful re-deployment of the 1.5MW turbine is another critical step in returning the Phase 1…

SAE achieves milestone in BESS project delivery

By Admin | August 30, 2022

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE achieves a major milestone in the delivery of one of the UK’s largest BESS projects SAE is pleased to announce that it has secured the necessary grid variations for the 230MW / 460MWh battery energy storage system (BESS) at the…

Follow Us on social