October 20, 2021
Minesto's CEO Dr Martin Edlund was interviewed by Pareto TV during the Pareto Securities' Renewable Energy & Cleantech Conference 2021.Read more »
News & Media
October 14, 2021
Minesto was one of two companies that were highlighted when Johan Spetz, Head of Equity Research at Pareto Securities, visited DI TV earlier this week. Watch the feature (in Swedish) on DI TV here.Read more »
October 14, 2021
On 13 October 2021, Minesto participated at the annual Pareto Securities’ Renewable Energy & Cleantech Conference, where CEO Dr Martin Edlund presented the company and its activities for commercial scale-up.Read more »
October 13, 2021
The COP26 summit is approaching and with it vital discussions regarding the global energy transition agenda. The world needs more clean energy generation that is predictable to complement wind and solar PV and to reduce the need for long-term storage. With energy from tidal and ocean currents in... Read more »
September 24, 2021
The Swedish Energy Agency has awarded Minesto a SEK 5.8 million grant to the ongoing commercialisation of Minesto’s ground-breaking Deep Green technology. The grant co-funds a project through which Minesto will develop and verify a next generation tether system to facilitate the commercial scale-up...Read more »
“We are very pleased that the Swedish Energy Agency continues and expands its support for Minesto. This investment contributes to strengthening the competitiveness of our product ”, said Dr Martin Edlund, CEO of Minesto. The tether system connects Minesto’s marine energy power plants with the... Read more »
September 20, 2021
Leading marine energy developer Minesto today introduces a new range of power plants – the Dragon Class – an upgraded design of the company’s Deep Green technology for predictable renewable electricity generation from tidal and ocean currents. Featuring increased performance and decreased...Read more »
“We are excited to announce this latest development of our unique technology. The Dragon Class evolves from the systems we have installed and operated in our Faroe Islands’ project. Its increased customer value is straight to the point – maximise yield and minimise costs. This is the backbone... Read more »
September 15, 2021
Minesto's CEO Dr Martin Edlund has been nominated for the industry body Ocean Energy Europe's Vi Maris Award. Vi Maris ("Force of the Sea") recognises individuals who have made outstanding contributions to the development of the ocean energy sector. The winner will be announced at the annual OEE... Read more »
September 08, 2021
Leading marine energy developer Minesto has signed a two-year extension of its Power Purchase Agreement (PPA) with the electric utility company SEV for Minesto’s tidal energy site in Vestmannasund, Faroe Islands. In addition, a site extension analysis concludes that the current 200 kW Vestmannasund...Read more »
“It is of great importance to Minesto that our collaboration with SEV is extended and expanded. We have a mutual commitment to a continuation of the ongoing operations in Vestmannasund and to bring tidal energy at grand scale to the Faroe Islands’ grid mix. This PPA extension is a strong signal of... Read more »
September 07, 2021
In the September edition of energy industry magazine POWER, Minesto is acknowledged with a “Top Plant Award”. Minesto features on the print edition’s cover page and a full spread article reports on Minesto’s work with the DG100 tidal energy system and its deployment in the Faroe Islands. The... Read more »
September 01, 2021
Minesto strengthens the company’s executive team as Elke Rosiers, with extensive experience from the energy industry and from turning new technology to business, has been appointed new Chief Marketing Officer. Through the recruitment Minesto strengthens its sales and marketing organisation to gear...Read more »
Elke Rosiers has extensive international experience and broad expertise in business and market development. Over the years she has worked with global players such as Siemens, Maersk, and Volvo as well as with growing technology-based companies. For the past six years Elke has successfully built up... Read more »
