![]() Atlantis Resources acquired full ownership of the tidal array project in December 2013. The MyGen project was initiated in 2006 by the Scottish company MeyGen, a joint venture between the tidal technology company Atlantis Resources and Morgan Stanley. The second phase development of the project is expected to raise the total installed capacity to 398MW by 2020. The tidal array project received offshore planning consent for its 86MW first phase development from the Scottish Government towards the end of 2013. MeyGen Tidal Energy Project located in the Inner Sound of the Pentland Firth off the north coast of Caithness, Scotland, is currently the world’s biggest underwater tidal turbine power project under development. MeyGen Tidal Energy Project, Scotland – 86MW ![]() The tidal lagoon, with an estimated annual power generation capacity 400GWh, will power over 120,000 homes for 120 years. The ground breaking for the tidal power project is scheduled for 2015 while full commissioning is expected in 2018. ![]() The plant will use reversible bulb turbines to generate power as water passes in and out of the lagoon with the rise and fall of tides. The plant will be located at a site with average tidal range of 8.5m and will involve the construction of a 9.5km-long sea wall or breakwater facility to create a lagoon cordoning off 11.5km 2 of sea. The planning application for the £850m ($1.4bn) project was approved in March 2013. The 240MW Swansea Bay Tidal Lagoon project, to be built at Swansea Bay in the UK, is the world’s biggest tidal power project and will become the world’s third biggest tidal power project upon completion. ![]() Swansea Bay Tidal Lagoon, United Kingdom – 240MW ![]()
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