tiprankstipranks
SIMEC Atlantis Expands Leading Tidal Energy Project
Company Announcements

SIMEC Atlantis Expands Leading Tidal Energy Project

SIMEC Atlantis Energy Limited (GB:SAE) has released an update.

Don't Miss our Black Friday Offers:

SIMEC Atlantis Energy Limited (SAE) has successfully secured a Contract for Difference, facilitating a capacity increase of approximately 9MW for its MeyGen project in Scotland. The project, which has already produced more energy than any other tidal stream site globally, will reach a development size of 59MW with the addition of this new phase to the existing 6MW. SAE is actively engaging with global partners to realize this expansion, aiming to bolster the UK’s renewable energy production.

For further insights into GB:SAE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskSIMEC Atlantis Energy Gains Milestone Payment for Uskmouth Project
TipRanks UK Auto-Generated NewsdeskSIMEC Atlantis Expands MeyGen Tidal Project with Key Partners
TipRanks UK Auto-Generated NewsdeskSIMEC Atlantis Transforms Uskmouth into Battery Storage Hub
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App