Make your money go further for just 25p per day

Atlantis Resources (AIM:ARL) – terms agreed to develop Wyre estuary

21/11/2017 · SIMEC Atlantis Energy Ltd (SAE) 

Atlantis Resources (AIM:ARL) – terms agreed to develop Wyre estuary
Following on from its June 2017 announcement of preferred developer status for the proposed Wyre Valley tidal barrage project, the global leader in tidal marine power generation has announced the signing heads of terms with the Duchy of Lancaster.

The heads of terms cover an option for the long-term lease of the riverbed from the Duchy required to develop the Wyre estuary tidal barrage and flood protection project.

Feasibility studies indicate that the Project’s optimal installed capacity is 160 MW, with forecast production of almost 300 GWh of sustainable energy each year.  

This would be coupled with flood protection capabilities and other amenities. 

Unfortunately this isn’t going to be quick, with the…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world


Become a Champion Investor for just £90 a year.


More on SIMEC Atlantis Energy Ltd

Coronavirus impact: 14 April - another stockbroker benefits from the volatility

14/04/2020 · Company Insights

Despite many of their staff working from home, stockbrokers continue to reap rewards from the increased…

Coronavirus impact: 25 March - are any dividends safe?

25/03/2020 · Company Insights

As more companies announce dividend cuts and draw down on further bank funding it's clear that…

More Company Insights

Inspecs - looking good value

28/05/2020 · Inspecs Group PLC

Coronavirus impact: 28 May - boohoo illustrates the perils of short selling

Coronavirus impact: 27 May - biological products are the highlight of the day