News & Media

Minesto receives approval for EU-funded site project in France

October 16, 2019
Press releases
Leading marine energy developer Minesto has received approval for an EU-funded project aiming at installing the company’s unique renewable energy technology at the grid-connected Paimpol-Bréhat test site in France, operated by the French electric utility company EDF with the support of the Brittany...Read more »
Minesto, as part of a wider EU-funded project called TIGER, will utilise a grant of approximately €2.4 million to manufacture, install and operate Minesto’s marine energy converter DG100 at a grid-connected site off Brittany operated by the electric utility company EDF. “The delivery of this... Read more »

Q&A with CEO Martin Edlund (in Swedish)

October 14, 2019
Media
Minesto's CEO Dr Martin Edlund answers on shareholders' questions in this Q&A session in Swedish.Read more »

Further activities to shift Minesto staff to new incentive plans

September 20, 2019
Press releases
The Board of Directors of Minesto AB has decided to offer 1,965,000 warrants to Minesto’s staff within the framework of the warrant plan PO5 approved in this year’s AGM. At the same time, Minesto’s financial advisor Pareto has facilitated the exercise of outgoing warrants of series PO3 by which a...Read more »
PO5 is the second of three future warrant plans approved in Minesto's Annual General Meeting in 2019. Minesto’s Board of Directors have decided to offer all staff a total of 1,965,000 PO5 warrants to continue to incentivise Minesto management and staff to build shareholder value in the company. A... Read more »

Minesto News Update 20 September 2019

September 20, 2019
News
· Minesto and SEV to showcase Faroe Islands’ partnership to global energy industry stakeholders · Company presentation at Pareto Securities cleantech investor conference · Minesto speakers at industry conference Ocean Energy Europe 2019 · Strengthening Taiwanese ties at the 35th Sweden-Taiwan Joint...Read more »
Minesto and SEV to showcase Faroe Islands’ partnership to global energy industry stakeholders Minesto together with the electric utility company SEV have been invited as speakers at international energy conferences OEEC and POWERGEN Europe, to showcase their joint project to make tidal energy a... Read more »

DG500 commissioning and testing update

September 18, 2019
Minesto's marine energy converter DG500 during its commissioning program in the Holyhead Deep, Wales
News
Minesto’s DG500 kite system was installed at the company’s Holyhead Deep site offshore North Wales in mid-August using an upgraded launch and recovery system. Since then Minesto has made significant progress in commissioning the autonomous control and power generation systems. “The major changes to... Read more »

Minesto News Update 6 September 2019

September 06, 2019
News
· Minesto strengthens relationship with Faroese Utility SEV with Board visit · Faroese national radio reports on Minesto’s customer project · Vacancy: Mechanical Design Engineer (Gothenburg) · Minesto speakers at Welsh energy policy forum · Infographic: Tidal energy by Minesto in the Faroe IslandsRead more »
Minesto strengthens relationship with Faroese Utility SEV with Board visit This week Minesto’s Board of Directors and senior management visited the Faroe Islands where they engaged in strategy discussions and meetings with key stakeholders. “We have had a very productive time in the Faroe Islands... Read more »

Vacancy: Mechanical Design Engineer (Gothenburg)

September 05, 2019
Members of the Minesto team works with the company's marine energy converter DG500 offshore Wales. Photo: Minesto
News
We are looking for an experienced Mechanical Design Engineer to join our Design Group in Gothenburg. The work includes all product development phases from conceptual design to detailed design and supplier selection. Read more about the role and how to apply here .Read more »

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