Tidal Stream

Type: Keyphrase
Name: Tidal Stream
First reported Sep 18 2014 - Updated Sep 18 2014 - 7 reports

SmartestEnergy signs agreement to purchase power from MeyGen

MeyGen has agreed a ten-year power purchase agreement (PPA) with SmartestEnergy, an independent energy company, for its tidal stream project located in Pentland Firth, the UK.The deal could be worth more than £50m during its lifetime.Recently, Atlantis ... [Published Power Technology - Sep 18 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 2 reports

ATLANTIS RESOURCES : Reaches Financial Close On MeyGen Tidal Power Project

LONDON ( Alliance News ) - Atlantis Resources Ltd Thursday said it has reached financial close on phase 1A of the MeyGen tidal power project, with the funds to be released to suppliers and contractors to allow construction to start.A total of GBP51.3 ... [Published 4 Traders - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 6 reports

SmartestEnergy signs 10-year power purchase deal with MeyGen

Independent energy firm SmartestEnergy has signed a 10-year power purchase agreement (PPA) with MeyGen for the 398MW tidal stream project in the Pentland Firth, Scotland.The MeyGen tidal project is expected to provide clean, sustainable, predictable power ... [Published Energy Business Review - Sep 17 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

10-Year Power Deal For Turbine Scheme

17/09/2014 An agreement to sell electricity generated by a tidal energy scheme in the Pentland Firth has been signed, it is understood.The developers, MeyGen, said it had signed a 10-year Power Purchase Agreement (PPA), with energy firm SmartestEnerg ... [Published Build Scotland.co.uk - Sep 17 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

World’s largest tidal energy project developer opens new UK head office in Scotland

Computer graphic of Atlantis Resources’ MeyGen project, which will use tidal stream turbines supplied by Andritz Hydro HammerfestMeyGen Ltd – which is the developer of the world’s largest tidal energy project – has formally opened its new UK head office ... [Published Scottish Energy News - Sep 15 2014]
First reported Sep 12 2014 - Updated Sep 12 2014 - 1 reports

Atlantis signs 25-year seabed lease with The Crown Estate for MeyGen

Atlantis, which owns the world's largest planned tidal stream energy project MeyGen, has signed a seabed lease for 25 years with The Crown Estate.The Crown Estate granted the lease after MeyGen satisfied the obligations for extensive development as was ... [Published Power Technology - Sep 12 2014]
First reported Sep 12 2014 - Updated Sep 12 2014 - 2 reports

Atlantis signs seabed lease with Crown Estate for MeyGen project

Atlantis Resources has signed a 398MW, 25-year seabed lease with the Crown Estate for the MeyGen tidal stream energy project in Pentland Firth, Scotland, UK.The company said the lease was secured after MeyGen satisfied the development obligations contained ... [Published Clean Technology Business Review - Sep 12 2014]
First reported Sep 11 2014 - Updated Sep 11 2014 - 5 reports

25-Year Lease For Tidal Turbine Firm

11/09/2014 Atlantis, the company behind the MeyGen turbine tidal scheme, has secured a 25-year lease from the Crown Estate for the seabed involved in the project.It is the largest marine energy Lease to be awarded by the Crown Estate, and the first in ... [Published Build Scotland.co.uk - Sep 11 2014]
First reported Aug 29 2014 - Updated Aug 30 2014 - 2 reports

ABB Joins MeyGem Tidal Stream Project

TweetAtlantis Resources Limited has awarded ABB a contract by to provide the onshore grid connection for Phase I of the MeyGen tidal stream project, located in Scotland’s Pentland Firth, which separates the Orkney Islands and the Scottish mainland. MeyGen ... [Published Smart Meters - Aug 30 2014]
First reported Aug 26 2014 - Updated Aug 27 2014 - 3 reports

Scotland’s natural resources must be nurtured

We need to invest in wave and tidal energy, says Ronnie QuinnSuch resources, if they can be harnessed, have a critical place in our future energy mix.There are of course the unanswered questions – how much energy can be generated, when, and at what cost? ... [Published The Scotsman - Aug 27 2014]
First reported Aug 25 2014 - Updated Aug 26 2014 - 5 reports

UPDATE - Atlantis Resources signs £7.5mln contract to expand tidal energy project in Scotland

---ADDS SHARE PRICE, BACKGROUND AND BROKER COMMENT--- Atlantis Resources ( LON:ARL ) has been given a two-year £7.5mln contract with the UK's Energy Technologies Institute (ETI) to support two turbines at the MeyGen tidal stream array in the Pentland ... [Published Proactiveinvestors United Kingdom website - Aug 26 2014]
First reported Aug 22 2014 - Updated Aug 23 2014 - 5 reports

Funding secured for MeyGen tidal array construction

Funding for the world largest tidal stream energy project has secured the funding needed to begin construction in Scotland.The MeyGen project, which plans to build a 398MW tidal array in the Pentland Firth, has raised the £51m needed for the 6MW first ... [Published Engineering and Technology Magazine - Aug 22 2014]

Quotes

"Given the innovative nature of the MeyGen project and the involvement of many different public and private sector funders, structuring the agreement was quite complex and time-consuming but everyone involved worked hard to secure a positive outcome."
"Huge day for Scotland today! No campaign negativity last few days totally swayed my view on it. Excited to see the outcome. Lets do this!" he tweeted
MeyGen chief executive Dan Pearson said: "This is an important step forward for MeyGen and its backers."
"But our concern is that in the event of a 'yes' vote, there could be a loss of momentum as investors worry about the likely price and market for electricity their projects could generate. One leading renewable energy developer, Infinis Energy, has already said that it will not make an investment decision on two wind projects in Scotland until the outcome of the referendum and its effects on energy policy are known."

More Content

All (158) | News (141) | Reports (0) | Blogs (16) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Scottish tidal energy firm signs $82m PPA [Published Power Engineering International - 11 hours ago]
SmartestEnergy signs agreement to purchase powe... [Published Power Technology - Sep 18 2014]
SmartestEnergy to buy electricity from MeyGen t... [Published Clean Technology Business Review - Sep 18 2014]
MeyGen secures £50m tidal array investment [Published WaterBriefing - Sep 18 2014]
Power purchase deal for world’s biggest tidal a... [Published WaterBriefing - Sep 18 2014]
Atlantis Completes Fundraising for Scotland Tid... [Published Bloomberg New Energy Finance - Sep 18 2014]
Most followed - Scottish vote, TUI Travel, Fren... [Published Proactiveinvestors United Kingdom RSS feed - Sep 18 2014]
Atlantis completes MeyGen funding package [Published Telegraph - Sep 18 2014]
ATLANTIS RESOURCES : Reaches Financial Close On... [Published 4 Traders - Sep 18 2014]
Atlantis Resources' MeyGen project gets hefty b... [Published Proactiveinvestors United Kingdom RSS feed - Sep 18 2014]
Atlantis Resources : ?51 million MeyGen Financi... [Published Investegate - Sep 18 2014]
£50m deal to ensure tidal scheme powers on [Published The Scotsman - Sep 18 2014]
£50m deal to ensure tidal scheme powers on [Published NewsRT.co.uk - Sep 18 2014]
SmartestEnergy signs 10-year power purchase dea... [Published Energy Business Review - Sep 17 2014]
The London of the North [Published B Daily - Sep 17 2014]
Real Life Accident: Towed Vessel Sinks After Co... [Published MaritimeSecurity.Asia - Sep 17 2014]
10-Year Power Deal For Turbine Scheme [Published Build Scotland.co.uk - Sep 17 2014]
Tidal project secures £50m power purchase agree... [Published Utility Week - Sep 17 2014]
£50m power deal signed for MeyGen tidal array [Published Energy Live News - Sep 17 2014]
MeyGen power deal [Published Maritime Journal - Sep 17 2014]
Atlantis secures MeyGen PPA [Published Renewable Energy News Europe - Sep 17 2014]
Atlantis signs £50m UK power supply contract fo... [Published Scottish Energy News - Sep 17 2014]
Tidal turbine firm signs power deal [Published BBC - Sep 16 2014]
Yay or nay: Scotland's 5.7 gigawatt question [Published Business Spectator - Sep 16 2014]
Clean energy investment at risk from Scottish r... [Published Bloomberg New Energy Finance - Sep 15 2014]
World’s largest tidal energy project developer ... [Published Scottish Energy News - Sep 15 2014]
Atlantis signs 25-year seabed lease with The Cr... [Published Power Technology - Sep 12 2014]
Atlantis signs seabed lease with Crown Estate f... [Published Clean Technology Business Review - Sep 12 2014]
Atlantis to create 120 new jobs in Pentland Fir... [Published Scottish Energy News - Sep 12 2014]
Siemens Tidal Energy Project Suspended [Published Renewable Energy World - Sep 11 2014]
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Real Life Accident: Towed Vessel Sinks After Co... [Published MaritimeSecurity.Asia - Sep 17 2014]
An unmanned, decommissioned fisheries protection vessel was under tow when it developed a list of about 10 degrees to port. The tug’s Master informed the tug company’s managers and then called the local coastguard authority to request permission to seek ...
FTSE100 rises to strong finish as data and symp... [Published Proactiveinvestors United Kingdom website - Aug 26 2014]
Strong US data and a buoyant mood among investors following the Jackson Hole symposium helped propel Britain's blue chips to a strong finish on Tuesday.   FTSE 100 ended the first day after the Bank Holiday weekend up almost 48 points at 6,822.   ...
FTSE100 rises to strong finish as data and symp... [Published Proactiveinvestors United Kingdom website - Aug 26 2014]
Strong US data and a buoyant mood among investors following the Jackson Hole symposium helped propel Britain's blue chips to a strong finish on Tuesday.   FTSE 100 ended the first day after the Bank Holiday weekend up almost 48 points at 6,822.   ...
US equities going higher; Burger King in focus [Published Proactiveinvestors United Kingdom website - Aug 26 2014]
Shares on Wall Street advanced on Tuesday as traders welcomed dat, which suggested an improvement in the US economy. On the corporate front, it was fast food in focus as Burger King Worldwide Inc struck a deal to acquire Tim Hortons for over US$11 ...
UPDATE - Atlantis Resources signs £7.5mln contr... [Published Proactiveinvestors United Kingdom website - Aug 26 2014]
---ADDS SHARE PRICE, BACKGROUND AND BROKER COMMENT--- Atlantis Resources ( LON:ARL ) has been given a two-year £7.5mln contract with the UK's Energy Technologies Institute (ETI) to support two turbines at the MeyGen tidal stream array in the Pentland ...
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