Simec Atlantis Energy (SAE) has been granted a non-convertible loan of £2.5 million from Scottish Enterprise, which will allow it to redeploy two more turbines at the MeyGen site in May 2022 and March 2023. This follows the successful deployment in March of the AR1500, 1.5MW tidal turbine.

The turbines will be installed with a retrofitted ‘wet mate’ connection system, which more than halves the costs of future turbine recoveries and deployments.

SAE CEO, Graham Reid, said: “I would like to thank Scottish Enterprise for their continued support of the business and the MeyGen project. … Our focus now is in ensuring our turbines are returned to operation as quickly and safely as possible.”

Kerry Sharp, Scottish Enterprise Director of Growth Investments, said: “Scotland is rightly known as a world leader in the marine sector and central to this is MeyGen. Scottish Enterprise has had a longstanding partnership with the project and we look forward to developing this further as we support the energy transition and deliver sustainable economic growth for all of Scotland’s communities.”