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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
The Atlantis turbines must reduce costs by almost 70 per cent to roughly £100 a megawatt-hour if the company is to win the energy-contract auction against other technologies.
PHOTO: BLOOMBERG
London
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...
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