All-Energy unveils investment challenge finalists

All-Energy has named five finalists who will be competing against each other in the marine renewable energy investment challenge taking place as part of this year’s conference.

The winner of the All-Energy 2017 Marine Renewable Energy Investment Challenge will benefit from up to £10,000-worth of advice from lawyers, stockbrokers, investment bankers, accountants, communications experts and marketers.

The finalists are Fraenkel-Wright’s SuperTide Gen 6MW tidal turbine; Ocean Energy Advisors’ Innovation at the interface of technology, policy and finance; and Oceanflow Energy’s Starfloat floating wind turbine.

Also competing in the finals are SAITEC Offshore Technologies’ SATH; and Tidetec’s tidal lagoon ‘two-way hydropower’ technology.

Tim Cornelius, Chief Executive of Atlantis Resources and the mastermind behind the initiative, will chair the final on May 10, 2017, when the five short-listed candidates will have the opportunity to give a 10-minute elevator pitch in front of the panel of experts.

Each of the candidates will then receive five minutes of immediate feedback, and the winner will benefit from the specially tailored workshop, sponsored by Atlantis, with one aim – to help him, or her, raise funds.

Tim Cornelius said: “We have five superb finalists who I know will rise to the occasion. We’re certainly in for a highly stimulating, and perhaps nail-biting, 90 minutes that I hope will help others in the audience in overcoming the much talked about ‘valley of death’ between innovation and commercialization.”

The winner will be announced on the second day of the conference, May 11, 2017.