Simec Atlantis Energy Overview
Company Headquarters: Singapore
Founded: 1996
Workforce: ~50
Company Working: Simec Atlantis Energy is engaged in designing, developing, manufacturing, converting, installing, commissioning, operating, and maintaining sustainable power projects. It is primarily focused on generating energy from tidal waves and has been involved in projects of over 1,000 MW in various stages of development, across the globe. The company manufactures and distributes tidal turbines through its turbine and engineering services segment. Simec Atlantis Energy is currently operating in collaboration with Simec (UK) and the GFG Alliance (UK) for the development of a diversified portfolio in the sustainable energy generation sector.
It has an extensive presence in North America, Europe, and Asia-Pacific, with a large number of offices located across Europe and Asia-Pacific. The company has four sales offices located in the UK. GFG Alliance, the company’s collaborating partner, has offices in more than 30 countries and is expected to improve the R&D processes of the company in the next few years.
Strategy
The major strategies adopted by Simec Atlantis Energy is contracts and collaborations. It has entered into various agreements and partnerships to expand its business and to develop tidal energy power projects in multiple regions, globally. The company has made substantial investments in its R&D department to reduce the overall costs of tidal turbines, which is expected to increase the implementations of its technologies, globally.
