MeyGen Phase 1A completes construction phase and officially enters 25 year operations phase

The information contained in this announcement is inside information under the Market Abuse Regulation (EU) No 596 / 2014. The person responsible for arranging the release of this announcement on behalf of Atlantis is Tim Cornelius, Chief Executive Officer of Atlantis. 12 April 2018 Atlantis Resources Limited (“Atlantis” or the “Company”) MeyGen Phase 1A completes construction…

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MeyGen signs ground-breaking deal to combine wind and tidal power output

Atlantis, a global leader in the tidal power sector, is pleased to announce that an agreement has been reached between the Company’s majority owned MeyGen project and a nearby wind farm development to facilitate access to the distribution grid for other renewable energy projects.  The first phase of the MeyGen project was recently connected to…

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MeyGen project energised at Ness of Quoys

Atlantis, a global leader in the tidal power sector, is pleased to announce a major technical milestone for its flagship MeyGen project in northern Scotland. The MeyGen project is now connected to the 33kV Ness of Quoys distribution network following the successful installation of one of the longest underground 33kV power export cables in the…

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Publication of MeyGen project newsletter

Publication of MeyGen project newsletter Atlantis, a global leader in the tidal power sector, is pleased to announce that it has today issued a newsletter detailing the latest activities and the substantial progress that has been made at its flagship MeyGen project in Scotland’s Pentland Firth.  A copy of the newsletter is available here.  Enquiries:…

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MeyGen Operational Update

Atlantis, a global leader in the tidal power sector, provides an operational update on progress with its flagship tidal power project, MeyGen, which continues to progress well and remains on target to deliver power to the grid in 2016. MeyGen Project Atlantis’ flagship tidal power project, MeyGen, has completed a very successful construction campaign in…

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Publication of Newsletter (Autumn 2015)

MeyGen tidal stream project, majoirty owned by Atlantis Resources Limited, announces that it has issued a newsletter detailing the project’s latest activities. Please see this link for a copy of the newsletter.

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Construction of onshore facilities starts today at MeyGen site

Contractors will begin the construction of a 340meter access road at the MeyGen tidal stream project today, announces Atlantis, majority owner of the project. The announcement marks the start of all onshore construction at the site, a preparatory stage which will pave the way for the 398 megawatt (MW) tidal array to be built offshore.…

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£51 million MeyGen Financial Close Completed

Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen Limited (“MeyGen”), is pleased to announce that all conditions have been satisfied under the terms of the funding package announced on 21 August 2014 to enable the drawdown of funding for the project.   Financing to fully fund Phase 1A of the MeyGen…

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Power purchase deal struck for world’s biggest tidal array

The developers of the world’s biggest tidal array have signed a multi-million pound deal to sell electricity generated by the Scottish project. MeyGen has signed the 10-year Power Purchase Agreement (PPA) with independent energy firm SmartestEnergy for its tidal stream project in the Pentland Firth. The agreement could be worth more than £50m over its…

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MeyGen tidal project signs the UK’s largest marine energy lease

Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen, today announces that it has signed a 398MW, 25-year seabed lease with The Crown Estate. The lease was secured after MeyGen satisfied the extensive development obligations contained within its five-year Agreement for Lease (“AfL”), which was signed in October 2010. It is the…

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