Undersea turbine maker in bid to help Britannia rule the waves
Atlantis Resources vying for £290m of power contracts; govt eyeing clean energy as part of plan to boost exports
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A BRITISH developer is bidding to build power turbines under the sea in Scotland in a contest for government contracts that starts on Monday, aiming to prove for the first time that its technology is commercially viable.
Atlantis Resources Ltd is among the companies vying for £290 million (S$506.8 million) of electricity-generation contracts the UK government is auctioning off. Winners will be notified between June and September and will get a firm price for the power they sell under a programme meant to stimulate cleaner forms of energy.
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