As a result of the €1 million grant from EASME to support the development of the project, the company is now able to progress with its mission to reduce the cost of energy generated by tidal technology via the production of an affordable Variable Pitch System (VPS).
This is an exciting milestone for the company as it strives to make renewable energy more efficient, accessible and affordable for people around the world.
Drew Blaxland, Director of the Atlantis Turbine and Engineering Services Division, commented:
“This is an exciting time for the company as we work together with Asturfeito to make the cost of tidal energy more affordable and accessible for all. We would like to thank the Executive Agency for their continued support and the amazing project team who have taken us to this stage”
Ricardo Rodriguez, General Manager Asturfeito
“Our team is very proud to support Atlantis in this challenge to bring tidal energy to the next step of industrialization. At Asturfeito we believe in the development of sustainable energy sources, and this collaboration fits perfectly with our strategy.”