News & Media

Minesto opens OEE 2021 with flagship keynote

December 06, 2021

The annual Ocean Energy Europe Conference is underway in Brussels, and Minesto had the honour to open the conference with a keynote presentation at the “Flagship Projects: Watts in the water” session. Addressing key industry and public stakeholders, including the EU Commissioner for Energy Kadri... Read more »

Minesto features in Swedish Chamber of Commerce “From Sweden to UK” campaign

December 06, 2021

News

As the trading relationship between Sweden and the UK is changing, the British Embassy Stockholm and the Swedish Chamber of Commerce for the UK have joined forces to shed light on the opportunities that the UK market will continue to hold for Swedish businesses – beyond Brexit. In the campaign “... Read more »

Minesto and Schneider Electric promote joint renewable baseload offer at Enlit Europe

December 01, 2021

News

Leading marine energy developer Minesto and Schneider Electric, the global leader in the digital transformation of energy management and automation, join forces at Enlit Europe to advance their strategic partnership and promote their joint offer to the energy industry. Enlite Europe, formerly... Read more »

Minesto features in BBC News article on Faroe Islands’ climate initiatives

November 29, 2021

Media

The BBC News today report on Minesto’s activities to realise the Faroe Islands’ extensive tidal energy potential and support the island nation’s transition towards 100 % renewable electricity production. The article also highlights salmon farming company Hiddenfjord and its commitment to cease air... Read more »

UK Government announces ringfenced revenue support for tidal stream energy

November 25, 2021

The South Stack Lighthouse on Holy Island, North Wales, overlooking Minesto's Holyhead Deep site 6km off the coast. Photo: Warren Cardwell

News

The UK Government has announced that it will invest £20 million per year in revenue support for tidal stream electricity production as part of its Contracts for Difference (CfD) renewable energy auction scheme. As part of the fourth allocation round of the CfD scheme, the UK government will... Read more »

Minesto presents at BlueTech Week

November 19, 2021

Presentations

Media

Minesto was invited to BlueTech Week 2021, arranged by TMA BlueTech and held virtually this year on 15-19 November. CEO Dr Martin Edlund participated in a panel on Energy Innovation, presenting Minesto’s technology and engaging in discussions regarding driving the blue economy forward. The Energy... Read more »

Comment on reported PDMR transaction by BGA Invest

November 11, 2021

Press releases

Minesto's largest owner, BGA Invest AB, has today reported a sale of shares in Minesto AB to the Swedish financial supervisory authority’s PDMR* transactions register. BGA Invest remains the largest owner, and an active and long-term owner, in Minesto.Read more »

BGA Invest AB has reported that the company has sold 1,500,000 shares, corresponding to approximately 4.8 percent of BGA Invest's holding in Minesto. The buyer of the shares is a European financial fund. After the transaction, BGA Invest remains the largest owner in Minesto with a holding of 29,800... Read more »

Presentation at Stora Aktiedagen (in Swedish)

November 09, 2021

Presentations

Media

On 9 November, Minesto participated at the Swedish investor event Stora Aktiedagen in Gothenburg, where CEO Dr Martin Edlund presented Minesto and the company's technology, project and focus going forward.Read more »

Minesto is part of Sweden’s COP26 virtual exhibition booth

November 01, 2021

News

Media

As COP26 now is underway in Glasgow, we are proud to be part of Sweden’s exhibition booth in the COP26 Virtual Ocean Pavilion. During the summit, the Virtual Ocean Pavilion features an event programme with keynotes, panel debates, interviews, and exhibition booths. Sweden’s Ministry for Foreign... Read more »

Swedish TV4 News reports on Minesto

October 28, 2021

Media

Swedish TV4 News today airs a report from the Faroe Islands on Minesto and the company's activities together with the electric utility company SEV to enable green and predictable electricity production from tidal streams as a significant energy source supporting the Faroe Islands' transition to 100... Read more »

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