Directorate Change
Atlantis, a global leader in the tidal power sector, is pleased to announce the appointment of Simon Counsell as Chief Financial Officer. The Company has accepted the resignation of Duncan Black as Chief Financial Officer ("CFO"), who will step down on 18 September 2015, due to the intended relocation of the corporate headquarters, including the
Shareholder Information
While the Company has implemented requirements within its articles to comply with the provisions of AIM Rule 17, the statutory disclosure of significant shareholdings is not identical to the requirements of the Disclosure and Transparency Guidance Rules for companies incorporated in Singapore and may not always ensure compliance with the requirements of AIM Rule 17.
Company Auditor update
SAE Renewables Sean Parsons, Director of External Affair +44 (0)7739 832 446: Strand Hanson Limited (Nominated and Financial Adviser) Richard Johnson Rory Murphy David Asquith +44 (0)20 7409 3494 Zeus Capital Limited (Broker) Louisa Waddell Simon Johnson +44 (0)20 3829 5000
Pioneering the New Energy Journey
The SAE hydro team is making excellent progress on the construction of the interlinked hydro projects, Loch Etive and Glen Kinglass. With the sites nearing completion, we are aiming to commission the projects in the coming weeks. Once commissioned, the SAE Operations and Maintenance team will take over the day-to-day management of the schemes.
Mey BESS
The Mey BESS project will see a 1200 MWh Battery Storage project delivered at a critical site for renewable energy projects. With huge expansion planned for onshore and offshore wind and our own tidal stream project, it is a perfect location for a battery storage project.
Battery Storage Projects
SAE projects will earn the majority of revenues from trading electricity, buying cheaply during periods of over-supply and selling at higher prices when the converse is true, and the balance of revenues from the Capacity Market and Ancillary Services.
Corporate Governance
As a developer of renewable energy projects, sustainability lies at the heart of the business. Across the Company''s diversified portfolio of sustainable assets, the Group''s employees have a passion for creating sustainable energy solutions and minimising their impact on the environment.
Interim results
SAE Renewables is a global developer, owner and operator of sustainable energy projects and as a result is proud to have received the London Stock Exchange''s Green Economy Mark. SAE owns the world''s flagship tidal stream project, MeyGen. SAE is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy
Board of Directors
Duncan is currently engaged in the asset management of renewable energy power projects in Asia for a leading impact fund manager. Duncan has a BEng (Hons) in Civil Engineering and a PhD in Fluid Dynamics, each from Imperial College, London. Graham Reid - CEO. Prior to joining SAE, Graham was CEO of RES Americas, and prior to that CEO of
About Us
SAE is proud to own the largest consented tidal stream project in the world, MeyGen. SAE has developed the 398MW MeyGen site since its acquisition in 2010. The site is already delivering predictable, renewable power and SAE is focused on delivering its full capacity, to help unlock this critical technology.
Latest News
The securities of SAE are traded on the AIM market operated by the London Stock Exchange plc and its shares have not been admitted, nor have any applications been made, for any of its shares to be admitted or traded on any other exchanges or trading platforms. There are no restrictions on the transfer of shares in SAE. Applicable Takeover Code
SAE RENEWABLES LTD overview
People for SAE RENEWABLES LTD (SC703905) More for SAE RENEWABLES LTD (SC703905) Registered office address 6 Dickson Way, Irvine, Ayrshire, Scotland, KA12 9JD . Company status Active Company type Private limited Company Incorporated on 12 July 2021. Accounts. Next accounts made
History
SIMEC Atlantis Energy ("SAE"), a diversified sustainable energy generation company, is delighted to provide an operational update for its flagship 220MW conversion project in Uskmouth, Wales. Post conversion, the station will export 220MW of baseload power to the grid using an end-of-waste energy pellet with an average calorific value of 20
Bermuda Red Cross benefits from BE Solar project
5 小时之前· BE Solar has completed an "innovative" solar project at the Bermuda Red Cross Headquarters in Paget. The company said the installation of the 32-panel solar photovoltaic
SAE Investor Presentation via Investor Meet Company
SAE is pleased to announce that the Company''s CEO Graham Reid, CFO Simon Hirst, COO David Taaffe and Director of External Affairs Sean Parsons will provide a live presentation and Q&A session via Investor Meet Company on 23 Oct 2024, 10:00 BST. SAE Renewables : Sean Parsons, Director of External Affair +44 (0)7739 832 446 : Strand Hanson
MeyGen
This site was originally identified by SAE in 2007, following a global review of tidal resource which concluded that the high flows, medium water depths and proximity to the mainland rendered it a prime location for development. The MeyGen project is the largest planned tidal stream project in
Major milestone reached in BESS project
SAE Renewables is a global developer, owner and operator of sustainable energy projects. SAE owns the world''s flagship tidal stream project, MeyGen. SAE is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy park, initially housing one of the UK''s largest battery energy storage projects.
SAE Renewables buys 120-MW BESS project in UK
Sustainable energy projects developer SIMEC Atlantis Energy Ltd (), or SAE Renewables, announced on Wednesday the acquisition of a 120-MW/240-MWh battery energy storage system (BESS) project in Newport, South Wales.The scheme, estimated to cost GBP 65 million (USD 82.4m/EUR 75.5m), is located at the SAE-owned Uskmouth Sustainable Energy
Uskmouth Sustainable Energy Park
SAE is the owner, developer and operator of the Uskmouth Sustainable Energy Park. The site has been the home to electricity generation for over 50 years but the way we generate and use electricity is changing and SAE and the Uskmouth site is proud to be leading that change.
Final Results Announcement
SIMEC ATLANTIS ENERGY LIMITED ("SAE", the "Company" and, together with its subsidiaries, the "Group") Final Results Announcement SAE announces its final results for the year ended 31 December 2021. A complete version of the Annual Report and Accounts can be found on the Company website. Financial Highlights The MeyGen project generated revenues
Contact Us
SAE has been at the forefront of developing new and exciting energy projects for many years and have a team of world leading experts in alternative and sustainable energy solutions. For further information on us, our projects or our views on the industry and our decarbonisation journey (including images and interview requests) please contact
Mey BESS planning
Mey Energy Storage Limited (Company Reg. No. SC786444, Registered Office at 26 Dublin Street, Edinburgh EH3 6NN) has applied to the Scottish Ministers for consent under section 36 of the Electricity Act 1989 to construct and operate a
AIM Rule 26
The securities of SAE are traded on the AIM market operated by the London Stock Exchange plc and its shares have not been admitted, nor have any applications been made, for any of its shares to be admitted or traded on any other exchanges or trading platforms. There are no restrictions on the transfer of shares in SAE. Applicable Takeover Code
Mey BESS planning
Mey Energy Storage Limited (Company Reg. No. SC786444, Registered Office at 26 Dublin Street, Edinburgh EH3 6NN) has applied to the Scottish Ministers for consent under section 36 of the Electricity Act 1989 to construct and operate a Battery Energy Storage System and associated development at land at Phillips Mains Farm, south east of Mey, Caithness (Central Grid
Bermuda''s Road to Clean Mobility and Energy
Bermuda has committed to 85 percent renewable energy by 2035. To achieve this, the nation has committed to 21 MW of solar, 60 MW of wind, and 100 percent electric public transport by 2030* — reducing harmful emissions, slashing
Director/PDMR dealing
SIMEC ATLANTIS ENERGY LIMITED ("SAE" or the "Company") Director/PDMR dealing SAE has been notified that, on 27 September 2023, Duncan Black, Chairman, purchased 3,600,000 ordinary shares of no par value in the Company ("Shares") at a price of 1.15p per shares. Following this purchase Mr Black is interested in 4,642,419 Shares, representing
Media
SAE has been at the forefront of developing new and exciting energy projects for many years and have a team of world leading experts in alternative and sustainable energy solutions. For further information on us, our projects or our views on the industry and our decarbonisation journey (including images and interview requests) please contact
Leadership
Alex Free is the Head of IT at SAE bringing over 20 years of experience in technology leadership, strategic planning, and IT infrastructure management. Alex has been working to develop and manage IT infrastructure at SAE since 2016, aligning technology initiatives with the company''s business goals.
5 FAQs about [Bermuda sae renewables]
What is the optimum renewables scenario for Bermuda?
According to The Bermuda Better Energy Plan, mid 2023 is a pivotal year for Bermuda’s energy history as a 60MW offshore wind farm comes online, significantly reducing the island’s use of fossil fuels in a single project.
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Historically like other modern developed countries around the world, Bermuda has depended on fossil fuel for energy production for electricity, heating, cooling and transportation.
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The Government of Bermuda is creating a National Fuels Policy (‘the Policy’) to direct the fuels sector towards an affordable, sustainable, safe, and secure energy future, in line with international best practice.
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