StockMarketWire.com - Simec Atlantis Energy revealed plans for a tidal-powered data centre in the Caithness region of Scotland.

The power supply would include electricity delivered via a private wire network from tidal turbines at the company's existing MeyGen project site.

'This would be the first ocean-powered data centre in the world, with the potential to attract a hyperscale data centre occupier to Scotland,' the company said.

'It is expected that the data centre would be connected to multiple international subsea fibre optic cables, offering a fast and reliable connection to London, Europe and the US.'

'Further connectivity to the central belt using domestic terrestrial networks could significantly improve Scottish data and connectivity resilience.'

The MeyGen project had a seabed lease and consents secured for a further 80 megawatts of tidal capacity, in addition to a 6 megawatt operational array.

The target operations date for the data centre was expected to be 2024, in line with the expansion plans for the tidal array.


At 8:30am: [LON:SAE] Simec Atlantis Energy Limited Ord Npv Di share price was 0p at 10.25p



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