Search results for: atlantis-resources

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  • 9 May 2016
    Business & Finance, Research & Development

    Atlantis Resources has completed the acquisition of Scottish tidal project assets from ScottishPower Renewables (SPR) in exchange for a stake in the Atlantis’ wider development portfolio.

  • 2 June 2014
    Business & Finance

    Singapore-based, tidal power specialist Atlantis Resources, has released its full year results for the 2013. The company showed significant progress after it joined AIM (London Stock Exchange) in February last year. Tim Cornelius, Chief Executive of Atlantis Resources Limited commented: “We have made significant progress since February in finalising the construction and supply contracts for […]

  • 20 May 2015
    Business & Finance

    Atlantis Resources has released its annual financial report accounting the fall in revenues of 14.5 percent in 2014 compared to a year earlier. Atlantis Resources’ total revenue for the financial year ending December 31, 2014 was USD 3.96 mln, compared to 2013, when the company’s total revenue amounted to 4.63. The company attributed the fall […]

  • 19 January 2015
    Business & Finance

    Atlantis Resources plans to make a presentation to investors at the 2015 Innovators & Investors Forum scheduled for February 3, 2015 at London’s Business Design Centre. Atlantis Resources, a vertically integrated turbine supplier and project developer in the tidal power industry, will be making a presentation to investors, alongside other 40 innovative and imaginative technology-led […]

  • 4 September 2015
    Business & Finance

    A Singapore-based Atlantis Resources has seen its interim loss trimmed by some 14% compared to the same period a year before. The developer behind MeyGen tidal energy project posted a loss of £3.5 mln (S$7.5 mln) for the period ended June 30, 2015, versus a £4 mln (S$8.7 mln) loss in the corresponding period in 2014. However, the […]

  • 10 August 2016
    Equipment, Project & Tenders

    A C Marine & Composites received an order to supply tidal turbine blades to Atlantis Resources. Atlantis Resources selected A C Marine & Composites to manufacture their blades and assist with manufacturing advice during the design phase. The blades, currently under construction, are destined for Atlantis Resources’ AR1500 1.5 MW tidal turbine, scheduled for deployment at […]

  • 15 September 2015
    Business & Finance

    Atlantis has appointed Simon Counsell as Chief Financial Officer (CFO). The company has accepted the resignation of Duncan Black as CFO, who will step down on 18 September 2015, due to the intended relocation of the corporate headquarters, including the finance and administration function, to Scotland from Singapore. Black will remain on the Board as a Non-executive […]

  • 29 March 2017
    Business & Finance

    Atlantis has signed a Preferred Supplier Agreement with SBS for the supply of turbines, engineering services and equipment for a 150MW tidal stream array in Lombok, Indonesia.

  • 11 January 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Atlantis Resources is establishing a new unit with expanded offering which now includes non-tidal stream projects such as tidal lagoon, tidal barrage and offshore wind projects.

  • 24 July 2015

    Atlantis Resources reported yesterday that all of the horizontal directional drilling (HDD) works for MeyGen Phase 1A tidal project have now been completed on time for the cable installation. Four bore holes were drilled at a distance of 570 meters underground to within 2m of their exit target offshore. The installation of the offshore submarine […]

  • 9 June 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Atlantis Resources is expanding its project delivery team with a new job opening for an Electrical and Control Operations Engineer.

  • 16 September 2015

    Atlantis is working along the offshore cable route of the Meygen tidal energy project off Caithness, Scotland. Last week, the project’s team was checking MeyGen’s liner pipes to confirm they are ready to host the subsea cables. Engineers working on the project are using rock bags to secure subsea liner pipes before the cable installation, Atlantis informed […]

  • 10 August 2016
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Atlantis Resources has selected AC Marine & Composites to supply the turbine blades for MeyGen tidal turbine.

  • 15 June 2017
    Business & Finance, Research & Development, Technology

    Edinburgh-based tidal energy developer Atlantis Resources is preparing to launch a bond offer at the end of June to raise funds for the growth of its business.

  • 24 May 2017
    Business & Finance, Research & Development, Technology

    Atlantis Resources has raised a total of £4.05 million through the placing of new ordinary shares in the company.

  • 20 August 2015
    Business & Finance

    Atlantis Resources Limited has raised £2.5 million before expenses through the conditional placing of 5,952,380 new ordinary shares. Tim Cornelius, CEO of Atlantis, commented: “We are very pleased with the continued support of our shareholders demonstrated through this successful placing. The funds raised will allow us to replicate our success at the MeyGen project and bring […]

  • 20 August 2015
    Business & Finance

    Atlantis Resources Limited has raised £2.5 million before expenses through the conditional placing of 5,952,380 new ordinary shares. Tim Cornelius, CEO of Atlantis, commented: “We are very pleased with the continued support of our shareholders demonstrated through this successful placing. The funds raised will allow us to replicate our success at the MeyGen project and bring […]

  • 16 March 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Atlantis Resources has made the first step to enter the French tidal market through the signing of a cooperation agreement with the French specialist marine engineering company Innosea.

  • 15 September 2015
    Business & Finance

    Atlantis has appointed Simon Counsell as Chief Financial Officer (CFO). The company has accepted the resignation of Duncan Black as CFO, who will step down on 18 September 2015, due to the intended relocation of the corporate headquarters, including the finance and administration function, to Scotland from Singapore. Black will remain on the Board as a Non-executive […]

  • 17 December 2015
    Business & Finance, Operations & Maintenance, Research & Development

    Atlantis Resources and ScottishPower Renewables are teaming up to a develop a joint portfolio of projects for the fast growing tidal energy sector. Atlantis’ Scottish project development vehicle, Tidal Power Scotland Ltd (TPSL), will acquire ScottishPower Renewables’ (SPR) portfolio of tidal projects in exchange for a 6% shareholding in TPSL for SPR, according to Atlantis. As […]

  • 26 August 2016

    Another Andritz 1.5MW tidal turbine has left the factory, with foundation stabs and a massive cable management system currently being mobilised for the MeyGen project, according to Atlantis Resources’ social media pages.

  • 19 November 2015
    Business & Finance

    Atlantis Resources has teamed up with Macquarie Capital in order to develop its tidal power ambitions by attracting strategic, long term investors in its Scottish tidal power portfolio. Atlantic Resources, a Singapore-based tidal energy developer, has engaged Macquire Capital, a global provider of financial services, to attract investments in its tidal energy development portfolio. Tim […]