Xodus Group has signed a Memorandum of Understanding (MoU) with Atlantis Resources to pursue the development of a tidal energy project in Japan.
The ambition for this agreement is to secure funding and establish a commercially viable tidal energy demonstration project of three to eight turbines in the country.
The companies visited Japan earlier this year to meet with government departments, supply chain and utility companies to promote the collaboration and join the lobbying effort for the general promotion of tidal energy as a credible future energy source in Japan.
Atlantis is a global developer of renewable energy projects with more than 1,000 megawatts in various stages of development including the world’s flagship tidal stream project, MeyGen. Xodus played a pivotal role in the creation of the environmental statement as lead consultant in the environmental impact assessment for the project.
