Atlantis Resources Corporation, a developer and manufacturer of tidal current turbines, has acquired Current Resources, a tidal current energy origination and project development business owned by Morgan Stanley.
The goal is to develop and project manage major tidal current renewable energy projects globally.
Atlantis has achieved a series of milestones in harnessing tidal currents and is pioneering large-scale generation ‘turbine farms’ (arrays).
The company has developed two families of sub-sea turbines, Solon and Nereus, that have been tested in over a decade of field trials.
Solon is a deep-water turbine suitable for installation in some of the fastest-flowing currents in the world.
Nereus is a shallow-water turbine that has been extensively tested and grid connected in
Atlantis is currently evaluating installation opportunities in the Pentland Firth off northern