Atlantis teams up with Xodus to target Japanese tidal market
Scottish green power innovator Atlantis Resources has joined forces with Xodus Group to target Japanese tidal opportunities.
The two firms have signed a memorandum of understanding to pursue the development of a tidal energy project in the Asian country.
They aim to secure funding and establish a “commercially viable” tidal energy demonstration project of three to eight turbines.
Edinburgh-based Atlantis is a global developer of renewable energy projects with more than 1,000 megawatts in various stages of development including its flagship tidal stream project, Meygen, located in the Pentland Firth.
Tim Cornelius, chief executive of Atlantis, said: “We are looking forward to working alongside Xodus pursuing development opportunities in this exciting market.
“This is a continuation of our long-established relationship over many years at the Meygen project that has seen the tidal stream sector move from demonstration to operations of commercial scale arrays.”
Pete Tipler, principal consultant at Xodus Group, added: “Over the last few years, we have built up strong connections in Japan through Chiyoda and we look forward to progressing this opportunity with Atlantis.
“We have a long and trusted relationship with Atlantis from the early days of their turbine testing at the European Marine Energy Centre.”