SIMEC Atlantis Energy offers to invest in French tidal project after owner goes into liquidation

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SIMEC Atlantis Energy was saddened to hear of the decision by Naval Energies to place Open Hydro into liquidation. SIMEC stands ready to work with developers around the world to continue to deliver commercial scale tidal power projects as the Levelized Cost of Energy (“LCOE”) continues to fall for traditional three bladed pitching and yawing horizontal axis tidal turbine arrays.

Earlier this year, SIMEC submitted a proposal for a 1GW tidal stream array in Raz Blanchard, Normandy to the French Government which would deliver power at less than the current price of offshore wind in France by 2025.

List of the country updates

Country updates

  • December 06, 2018

    Boralex commissions 3 wind projects in France, 4 to operate in 2019

    Boralex Inc. is pleased to announce commercial commissioning of the Noyers Bucamps (10 MW), Hauts de Comble (20 MW) and Côteaux du Blaiseron (26 MW) wind farms, all...

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  • December 04, 2018

    Blacrock signs a deal with Samchully for the sale of 14 solar PV projects in France

    BlackRock Real Assets has signed off on a deal with Samsung Securities, Samchully Asset Management and Schroder AIDA on the sale of a portfolio of 14 operating PV plants in France. Samsung served as...

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  • November 28, 2018

    Nordex secures orders for 54 MW wind projects in France

    The Nordex Group has obtained orders for the installation of two wind farms with a total of 15 N131/3600 turbines in France. Both orders also include a Premium Service Agreement covering 15 years. Fo...

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  • November 21, 2018

    Normandie Hydrolienne JV agreement signed for French tidal energy project

    SIMEC Atlantis Energy has agreed terms to define its collaboration with Development Agency for Normandy (AD Normandie Développement), the regional agency for economic development in Norman...

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  • November 16, 2018

    French energy regulator approves conversion of the Albioma Caraïbes plant to operate using biomass

    The French energy regulator (Commission de régulation de l’énergie - CRE) approved the terms of a draft amendment to the power purchase agreement between EDF and Albioma Cara&...

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