Atlantis Resource has successfully installed a third tidal turbine at its MeyGen project off the north coast of Scotland.

The company said on social media that vessel Olympic Ares (pictured) completed the task overnight.

James Fisher is leading installation of the Andritz Hydro Hammerfest hardware using the Bibby vessel.

"Another Andritz Hydro Hammerfest turbine being successfully deployed overnight on the MeyGen project. Well done onboard the Olympic Ares," said Atlantis.

The first turbine went in last November.

First power has already been produced at the project and full operation of the 6MW first phase is expected later this year. 

Atlantis has meanwhile appointed Macquarie Capital (Europe) as joint broker alongside and in addition to Peel Hunt with immediate effect.

Image: Atlantis Resources