Atlantis Energy, the new non-tidal unit of marine power company Atlantis Resources, has signed a memorandum of understanding (MoU) with French floating foundation specialist Ideol seeking to develop a floating offshore wind project of up to 1.5GW off the UK.

The collaboration aims at first commissioning a pre-commercial project of up to 100MW by 2021.

“This MoU is a significant step in our diversification strategy and leverages our existing skill set accumulated during the progression of our tidal portfolio,” said Atlantis chief executive Tim Cornelius.