Morgan Stanley-Backed Atlantis Targets India, China for Tidal
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Atlantis Resources Corp., an ocean- current turbine maker backed by Morgan Stanley, plans to expand in China, India and South Korea after winning a bid in the U.K. to build the world’s largest tidal-power project.
Atlantis Resources may start building a 50 megawatt tidal farm by 2012 in Gujarat, a western Indian state, and conduct commercial-scale trials in South Korea, Timothy Cornelius, the chief executive officer, said an interview today.