Search results for: SIMEC Atlantis

8124 results

A list of search results

  • 21 November 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy has agreed terms for the collaboration with the French region of Normandy under a joint venture that will work to deliver a phased large-scale tidal power project in the Raz Blanchard strait.

  • 27 July 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    In the fallout of the OpenHydro liquidation, the Chief Executive Officer of another tidal stream technology company Tim Cornelius said that SIMEC Atlantis Energy would be willing to engage in discussions with the French government to save the recently built Cherbourg tidal assembly plant, and deliver the EU-sanctioned Normandie Hydro tidal project within existing support mechanisms.

  • 26 November 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy has conditionally agreed to acquire SIMEC Green Highland Renewables (SIMEC GHR) at an agreed enterprise value of £124.7 million in a related party transaction from the SIMEC group, part of GFG Alliance companies.

  • 20 June 2018
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    Recently renamed tidal developer SIMEC Atlantis has received a £5 million boost through fully subscribed bond offer, after reporting a post-tax loss of £10.6 million for the year 2017.

  • 24 July 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    SIMEC Atlantis Energy has retrieved two MeyGen tidal power turbines for inspection and maintenance.

  • 5 December 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy has signed a grant agreement with the European Maritime and Fisheries Fund for €1 million in funding to support its tidal turbine development program.

  • 19 October 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy and the French region of Normandy have agreed to create a joint venture to develop a multi hundred-megawatt tidal stream project in Raz Blanchard in France.

  • 7 November 2018
    Business & Finance

    SIMEC Atlantis Energy informed on November 6 that it was upgrading its forecasts for the expansion of the MeyGen 1A site.

  • 29 March 2019
    Business & Finance, Technology

    SIMEC Atlantis Energy has raised £5 million in a share placing and subscription to help fund its acquisition of SIMEC Green Highland Renewables (GHR). On Thursday, the company said it would issue around 31,250,000 new ordinary shares at 16 pence per share on the PrimaryBid platform. The placing price was set at a discount of […]

  • 13 September 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    The Turbine and Engineering Services Division of SIMEC Atlantis Energy, a diversified sustainable energy generation company, has unveiled the design of what’s said to be the world’s largest single rotor tidal turbine – the AR2000.

  • 25 September 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Edinburgh-based company SIMEC Atlantis Energy has reported a £5.9 million loss increase this year over its half-year financial performance in 2017, while also recording MeyGen operations-driven revenues for the period.

  • 11 July 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy has announced plans to retrieve two of the four installed MeyGen tidal turbines following diagnosis of a generator fault by the onboard monitoring systems.

  • 5 December 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    SIMEC Atlantis has signed a grant agreement with EASME for €1 million in grant funding to support its tidal turbine technology and its MeyGen project supply chain partner Asturfeito. On October 30th 2018, Atlantis announced its plans to enhance the existing 6MW MeyGen project. This grant should support the innovations required to take the MeyGen project […]

  • 8 June 2020
    Business & Finance

    Simec Atlantis Energy has appointed Investec Bank as the company’s nominated adviser and sole broker, effective immediately. Also, the company sad that its tidal turbine array recently reached 29GWh produced to the grid. Furthermore, Simec Atlantis through its partnership with ITPEnergised recently worked with The China Shipbuilding Industry Corporation (CSIC) and China Three Gorges (CTG) […]

  • 14 December 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    International energy, infrastructure and natural resources group SIMEC has signed a conditional agreement with Atlantis Resources to acquire 49.9% of tidal energy developer’s share capital.

  • 20 February 2019
    Operations & Maintenance

    SIMEC Atlantis Energy, a sustainable energy generation company, has said that its tidal energy project MeyGen has exported 12GWh of power to the grid. According to the company’s social media update, this represent a new record of exported tidal energy to the grid, surpassing SeaGen tidal stream generator. The MeyGen project, one of the largest […]

  • 10 January 2019
    Operations & Maintenance

    Orkney-based contractor Green Marine has recently supported offshore operations at the Meygen tidal project in the Pentland Firth. Simec Atlantis Energy successfully redeployed two of the 1.5MW tidal turbines in challenging winter conditions. The first two 1.5MW MeyGen turbines were returned to service in the array back in October 2018. Following completion of its inspection […]

  • 31 October 2019
    Business & Finance

    SIMEC Atlantis has signed a contract to supply tidal generation equipment and offshore construction services to Japan’s Kyuden Mirai Energy (KME) for a demonstration project in Japan. The project, located in the straits of Naru Island within the southern Japanese Goto island chain, has a total budget of 1,800m¥. The project will seek to capitalize […]

  • 15 April 2019
    Business & Finance

    SIMEC Atlantis Energy, a global developer of renewable and sustainable energy projects, is looking to recruit an operations engineer and a corporate finance associate. The operations engineer will lead the array performance monitoring, operation and maintenance for the company’s tidal energy project. The successful candidate is required to have a Degree in Mechanical Engineering or […]

  • 28 June 2019
    Business & Finance, Operations & Maintenance, Technology

    SIMEC Atlantis Energy has reported losses for the year of 2018 of £24.0 million. Based on the company’s preliminary report, this result compares to £10.6 million loss in 2017. According to Atlantis, the increase in the year-on-year loss of £13.4 million reflects the significant changes in the Group in the period. Increased depreciation expense of […]

  • 26 June 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Following the UK government’s rejection of the Swansea Bay tidal lagoon proposal, SIMEC Atlantis Energy has put the spotlight on its Wyre Estuary tidal barrage project calling it a ‘natural pathfinder’ for the larger planned lagoon projects.

  • 15 October 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    One of the repaired Andritz Hydro Hammerfest (AHH) tidal turbines has been mobilized for reinstallation at the MeyGen tidal turbine array in the Pentland Firth, off Scotland.