Atlantis gets EU cash for tidal push

London-headquartered Atlantis Resources has locked up €7.7m ($10.5m) from the European Commission (EC) to support roll-out of multiple tidal turbine arrays at its 400MW MeyGen development in the Pentland Firth off northern Scotland.

The funding, awarded under the Seventh Framework programme for research and technological development, will underpin design, installation and operation of the company’s 1.5MW AR1500 tidal energy turbines in the 3.5 sq km Inner Sound project site, where tidal current races through at over four metres per second.

“The award of this grant ... will help to catalyse the [tidal] industry’s development, providing a credible and robust transition pathway from single turbine demonstration units, to the deployment of multi-hundred turbine arrays in Europe and across the wider international market,” says Atlantis chief executive Tim Cornelius.

The EC grant comes on the Log in to read complete article.

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