12th Sep 2016 09:25
LONDON (Alliance News) - Atlantis Resources Ltd said it will host an event on Monday to officially unveil its MeyGen tidal power project in Scotland.
The event, to take place at the Nigg Energy Park, is expected to be attended by Scottish First Minister Nicola Sturgeon.
Atlantis said it remains on track to deliver first power to the national grid from MeyGen Phase 1 A later this year.
"This is the day the tidal power industry announced itself as the most exciting new asset class of renewable, sustainable generation in the UK's future energy mix. This is an industry that is creating jobs and is contributing to making Britain great again and Scotland is the undisputed world leader of this high growth sector," said Atlantis Chief Executive Tim Cornelius.
Shares in Atlantis were up 3.9% at 80.75 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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