MeyGen project on-course to deliver power in 2016

Business & Finance

Atlantis Resources, the developer behind MeyGen tidal energy project, has provided an update on the development of the project stating that it’s on track to deliver first power in 2016.

According to Atlantis, construction works continue at the onshore site, with three of the four directionally drilled bores now complete.

MeyGen expects to mobilise vessels to install the power export cables later this year.

Each cable will be brought to shore through these drilled bores for connection to the onshore control buildings.

Furthermore Atlantis is progressing well towards final completion of the acquisition of Marine Current Turbines in an all share deal following announcement of the execution of the sale and purchase agreement with Siemens on April 19, 2015, the company said in the statement.

MeyGen-Project-Location
MeyGen project location

 

Situated in the Pentland Firth, the MeyGen tidal array will consist of 269 submerged tidal turbines, with 398 MW capacity, enough to power 175.000 Scottish homes.

In Phase 1A of the project, four submerged turbines generating 6 MW will be installed off Caithness, with the first power expected to be delivered in 2016.

Images: Atlantis Resources