Atlantis Inks Agreement with INNOSEA to Enter French Market
- Project & Tenders
Atlantis has signed a cooperation agreement with Nantes-based INNOSEA with the intention to enter the French tidal market.
INNOSEA is advising Atlantis on how to build a French supply chain plan for the manufacture, assembly and distribution of the Atlantis AR1500 tidal turbines as well as foundations and associated transportation and logistics.
Regions to be investigated for supply chain potential include Brittany, Normandy, Aquitaine, Pays-de-la-Loire and Hauts-de-France.
INNOSEA has undertaken an analysis of vessel fleets, operational ports, marshaling yards and logistics companies in order to prepare a local deployment plan for tidal commercial projects in France for Atlantis.
Future work will focus on the requirements of the AR1500 turbine. INNOSEA are currently assessing local partners for civil engineering works, composite, steel or concrete fabrication, turbine assembly, testing and commissioning and component manufacture, Atlantis explained.
Tim Cornelius, CEO of Atlantis, said: “France is an exciting new market for commercial scale tidal power project development which is set for enormous growth over the next few years.
“We look forward to working with INNOSEA and the local supply chain in France to deliver affordable, predictable and sustainable tidal power generation for this progressive nation.”
INNOSEA Marine Engineering CEO, Hakim Mouslim, said: “We believe that there is great potential for Atlantis’ commercial projects in France. Therefore, building an industrial and local supply chain plan is crucial for the success of projects in France.
“We are delighted to strengthen our cooperation with Atlantis Resources and look forward to entering into the next development and engineering phases of tidal commercial projects in France.”