Energy & Power

Simec Atlantis Energy

Company Profile Analysis

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Simec Atlantis Energy - Energy & Power showcase

Year Founded & Workforce

1995-12-31

50 Employees

Industry

Energy & Power

Services

S

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.

Company Snapshot

$2,219M

Revenue

50

Employees

1995-12-31

Founded

Singapore

Headquarters

SWOT Analysis

Strengths

  • Specializes in harnessing tidal energy

Weaknesses

  • A higher cost of revenue in comparison to its generated revenue

Opportunities

  • Increasing government initiatives to implement tidal energy systems in their countries

Threats

  • Changes in the rate of interest will have a substantial impact on the company’s revenue

Key Developments

DateApproachDevelopment
March 2017Contract & AgreementContract & Agreement

Product Offering

  • Simec Atlantis Energy
    • Tidal Energy

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Simec Atlantis Energy as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Simec Atlantis Energy

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