A game-changing plan for a multi-billion point Mersey Tidal Power project could power one million homes and 500 football stadiums – and would put Merseyside at the forefront of the battle against climate change. That is the message from Metro Mayor Steve Rotheram as he outlines the next step in the huge proposals to create either a barrage or a tidal lagoon in the River Mersey which would also create thousands of jobs. After a year long study into the proposals, the Metro Mayor will today ask the City Region Combined Authority to commit a further £2.5m to carry out the next phase of work on the scheme and develop a preferred option for harnessing the renewable energy of the famous river. He will also make a direct challenge to Prime Minister Boris Johnson to show he is serious about levelling up the country and tackling the climate crisis by backing a project that he says can provide clean, green energy for well over 100 years
Liverpool Echo 28th Feb 2020 read more »
SIMEC Atlantis Energy, the company behind the poineering MeyGen renewable energy project in the Pentland Firth, has raised almost £4 million in a successful bond issue. The five-year bond, which was launched in August last year, raised £3.79 million and has now been closed. It was offered through Abundance Investment Limited, a regulated green peer-to-peer investment company. Tim Cornelius, the chief executive of Atlantis, said: “We are pleased by the response to this bond issue. The proceeds will be deployed to further the successful delivery of our world-leading portfolio of renewable and sustainable energy projects.
John O Groat Journal 27th Feb 2020 read more »