SIMEC Atlantis Energy Limited Atlantis tidal equipment arrives in Japan

TIDMSAE

SIMEC Atlantis Energy Limited

22 December 2020

Reach

22(nd) December 2020

SIMEC ATLANTIS ENERGY LIMITED

("Atlantis", the "Company" or, together with its subsidiaries, the "Group")

Atlantis supplied, Scottish manufactured tidal generation equipment arrives in Nagasaki, Japan ahead of deployment in the Naru Strait

Atlantis is pleased to announce an important update in delivering Scottish made tidal generation equipment to Japan. The Atlantis designed and built tidal generation system has arrived in Nagasaki harbour, Japan having left Scotland in October. It will now be transported in January 2021 by support vessels to the designated deployment site in the Naru Strait, located between the islands of Naru and Hisaka in the Goto Island chain.

We are pleased and honoured to be working alongside our strategic partner, supported by a consortium of local and international stakeholders, to bring tidal stream energy to Japan. The AR500 tidal generation system will be deployed at the Naru Strait site initially operating at a capped maximum generation output of 500kW, as data collection (performance and environmental) and device validation are undertaken for the client and Japanese regulatory bodies.

Drew Blaxland, Director of ATES Division, commented:

"Given the obvious challenges COVID presented during the turbine building program in Scotland this year and the logistical challenges presented during transit more recently, we have still managed to deliver a turbine quayside in Japan before Christmas. To see this AR500 machine arrive in Japan, a first of its kind here, is a great achievement. Our focus now is in getting the power export cable, foundation and turbine nacelle installed safely, then we all look forward to this Scottish built turbine delivering predictable, sustainable renewable energy for Japan post commissioning."

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Enquiries:

 
                                   [phone] 
SIMEC Atlantis Energy Limited       446 
Sean Parsons, Director of 
 External Affairs 
                                ---------------------- 
Investec Bank PLC - NOMAD          [phone] 
 and Joint Broker                   5970 
                                ---------------------- 
Jeremy Ellis 
 Sara Hale 
 Ben Griffiths 
                                ---------------------- 
 
  Arden Partners PLC - Joint 
  Broker                          [phone] 
                                ---------------------- 
 
  Ruari McGirr 
  Richard Johnson 
  Simon Johnson 
                                ---------------------- 
 

Notes to Editors

SIMEC Atlantis Energy

Atlantis is a global developer, owner and operator of sustainable energy projects with a diverse portfolio in various stages of development. This includes a 77 per cent. stake in the world's largest tidal stream power project, MeyGen, 100 per cent. of the 220MW Uskmouth Power Station conversion project and 100 per cent. of Green Highland Renewables, a leading developer of mini-hydro projects.

https://www.simecatlantis.com/

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December 22, 2020 02:00 ET (07:00 GMT)