Tidal energy firm gets £2.5m boost to get flagship Pentland Firth project back on track

Scottish green energy operator Simec Atlantis Energy has secured government funding to get its tidal project in the Pentland Firth back on track.

The firm said its flagship MeyGen scheme had secured a non-convertible loan of £2.5 million from Scottish Enterprise, which will enable the redeployment of the remaining two turbines at the site within the next 12 months. This follows the successful deployment in March of a 1.5-megawatt tidal turbine.

The first of the two remaining turbines is scheduled for redeployment in May this year and the final unit will be deployed in March 2023, complete with a connection system that more than halves the costs of future turbine recoveries and deployments.