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MeyGen Update

24 Feb 2017 07:00

RNS Number : 7414X
Atlantis Resources Limited
24 February 2017
 

24 February 2017

 

Atlantis Resources Limited

("Atlantis" or the "Company")

 

MeyGen Update - AR1500 Turbine Generating to the Grid

 

Atlantis, a global leader in the tidal power sector, is delighted to confirm, following Monday's announcement of the deployment of the first AR1500 tidal stream turbine at the MeyGen project site in the Pentland Firth, Scotland, that the 1.5 megawatt turbine has already successfully exported power to the grid and has operated at full power.

 

The AR1500 system was developed by the Turbine and Engineering Services division within Atlantis and the nacelle was designed under contract by Lockheed Martin Corporation. The AR1500 is one of the most technologically advanced tidal turbines ever deployed on a commercial scale marine power project.

 

In November 2016, Atlantis announced that first power had been delivered to the grid from the first of the three Andritz Hydro Hammerfest tidal stream turbines. All four of the turbines in Phase 1A have now been installed and connected to the grid onshore at a control building at Ness of Quoys in Caithness.

 

The Atlantis AR1500 tidal stream turbine was successfully deployed in less than 60 minutes following earlier connection of its proprietary wet mate connection management system, which allows for rapid deployment and retrieval of the tidal stream turbine.

 

Construction for the next 6MW phase of the MeyGen project is due to commence later this year.

 

 

Enquiries:

 

Atlantis Resources

via FTI Consulting

Tim Cornelius, Chief Executive Officer

Simon Counsell, Chief Financial Officer

FTI Consulting

+44 (0)20 3727 1000

Ben Brewerton

Alex Beagley

James Styles

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAUOVURBVAUUUR
Date   Source Headline
9th Jan 20177:00 amRNSAward of EUR20.3m grant from European Commission
15th Dec 20167:00 amRNSInvestment decision for Project Stroma - MeyGen
6th Dec 20169:13 amRNSMeyGen Update
15th Nov 20167:00 amRNSMeyGen Update - First Power Generation
9th Nov 20161:00 pmRNSResponse to BEIS statement on CfD
26th Oct 20167:00 amRNSMeyGen Update
7th Oct 20161:32 pmRNSMeyGen Update
30th Sep 20167:03 amRNSGrant of awards to Director
30th Sep 20167:02 amRNSSurrender of awards by a Director
30th Sep 20167:00 amRNSInterim Results
12th Sep 20167:00 amRNSOfficial Unveiling of MeyGen Project
9th Aug 20163:16 pmRNSCompletion of DEME Investment in TPSL
7th Jul 201611:50 amRNSOEEconfirms No implications for existing EUfunding
7th Jul 20167:00 amRNSMeyGen signs deal to combine wind and tidal power
30th Jun 201612:16 pmRNSResult of AGM
21st Jun 20167:00 amRNSMeyGen Project Energised at Ness of Quoys
20th Jun 20167:00 amRNSChange of Registered Office
27th May 20167:00 amRNSFinal Results
9th May 20167:00 amRNSCompletion of Acquisition
29th Apr 20167:00 amRNSTotal Voting Rights
27th Apr 20169:46 amRNSHolding(s) in Company
27th Apr 20169:45 amRNSHolding(s) in Company
20th Apr 20167:00 amRNSPlacing and Trading Update
11th Apr 20167:00 amRNSInvestment by DEME Concessions NV
4th Apr 20167:00 amRNSPartnership with Infrastructure Investor - Equitix
19th Feb 20167:00 amRNSPublication of MeyGen project newsletter
14th Jan 20167:00 amRNSSenior Management Appointment
17th Dec 20157:00 amRNSProposed Acquisition of Tidal Projects
9th Dec 20157:00 amRNSMeyGen Operational Update
8th Dec 20157:00 amRNSCollaboration Agreement
1st Dec 20157:00 amRNSSenior Management Appointment
19th Nov 20157:00 amRNSEngagement of Macquarie Capital (Europe)
16th Oct 20157:00 amRNSEUR17m EC Funding Secured for Project Stroma
24th Sep 201510:09 amRNSSuccessful deployment of Subsea Cables - MeyGen
15th Sep 20157:00 amRNSDirectorate Change
11th Sep 20157:00 amRNSCanadian FORCE Facility Joint Venture Partnership
4th Sep 20157:00 amRNSInterim Results
28th Aug 20153:29 pmRNSTotal Voting Rights
20th Aug 20157:00 amRNSPlacing and Trading Update
3rd Aug 20157:00 amRNSBoard Changes
24th Jul 201512:16 pmRNSCompletion of MeyGen Horizontal Drilling Programme
3rd Jul 201512:19 pmRNSHolding(s) in Company
1st Jul 20157:00 amRNSCompletion of Marine Current Turbines Acquisition
24th Jun 20151:53 pmRNSResult of AGM
24th Jun 20158:00 amRNSAGM Trading Update
20th May 20157:00 amRNSFinal Results
29th Apr 20157:00 amRNSAcquisition of Marine Current Turbines Limited
30th Mar 20157:00 amRNSTurbine Construction Contract with Lockheed Martin
30th Jan 20159:00 amRNSPublication of Shareholder Newsletter
22nd Dec 20147:00 amRNSFeed-in Tariff Award in Canada

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