environmental news & information about the UK electricity supply industry
Atlantis Resources, the tidal energy company behind the MeyGen project being constructed in the Pentland Firth, has reported a maiden annual profit. The group, which also confirmed that MeyGen was on track to deliver first power this year, said the profit of 4.3 million Singapore dollars (£2.1m) – compared with a S$16.2m loss in 2014 – was largely as a result of the gain from the acquisition of Marine Current Turbines from Siemens last year.
Scotsman 27th May 2016 read more »
This site relies on individual donations to help cover the costs of maintenance and development.
If you find the resources provided useful, please consider making a contribution to support the site.
This site’s Daily News content is provided by Edinburgh Energy & Environment Consultancy. EEE are experts in policy and analysis on energy and environment issues, particularly nuclear power.
Services include: supplying tailored news services, writing reports and briefings, drafting consultation responses and developing political campaign strategies.
Clients have included Greenpeace, Nuclear Free Local Authorities, WWF Scotland and the UK Government’s Committee on Radioactive Waste Management.
Sign up for our daily energy and environment news service and get the daily news roundup emailed to you every morning. It’s free to sign up, but if you find the service useful and can afford it, please consider making a donation to help us continue the service.
If you find our Energy News useful, please consider supporting it with a donation.