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IN BRIEF: SIMEC Atlantis brings full power to MeyGen tidal stream site

4th Dec 2024 13:56

SIMEC Atlantis Energy Ltd - Scotland-based owner and developer of sustainable energy projects - Says it has successfully deployed its fourth turbine at its MeyGen tidal stream site. The site is now at full power, delivering 6 megawatts of renewable power.

"This is a proud moment for everyone involved in the sector and those pioneering this vital, predictable renewable energy source," says Chief Executive Officer Graham Reid.

Current stock price: 1.90 pence, up 5.3% on Wednesday in London

12-month change: up 80%

By Lydia Doye, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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