News & Media

New innovation extends Minesto’s generic IP protection and further expands its market opportunities

January 25, 2019
News
Marine energy developer Minesto has filed a patent application with the aim of further extending the generic patent protection of the unique Deep Green energy technology. The new technical innovation expands the addressable market opportunities and at the same time reduces operating costs.Read more »
“ The innovation that we have filed for patent protection creates significant commercial value to Minesto as it expands the number of potential development sites and at the same time reduces operating costs and hence the levelised cost of energy of the system”, said Dr Martin Edlund, CEO of Minesto... Read more »

Minesto’s main owners exercise all of their subscription warrants

January 23, 2019
Press releases
Minesto's largest shareholders BGA Invest and Midroc New Technology has underlined their long-term commitment in Minesto by exercising all of their warrants held in Minesto AB. The subscription period for Minesto's TO 2 warrants runs until 8thof February 2019...Read more »
Minesto's two main owners BGA Invest and Midroc New Technology have made further investments in Minesto by having exercised all of their “MINEST TO 2” warrants held in Minesto AB. “As long-term and active owners in Minesto, BGA Invest and Midroc New Technology have been crucial to take the company... Read more »

UK Secretary of State voices support for marine energy

January 21, 2019
News
During the House of Common’s sitting on Thursday, Secretary of State for Business, Energy and Industrial Strategy Greg Clark spoke of the opportunity for marine energy in North Wales and expressed support from the UK Government for the development of the marine energy sector. When asked by Albert... Read more »

Video: CEO interview in Swedish

January 16, 2019
Media
Interview in Swedish with CEO Martin Edlund, where he discusses Minesto’s role in the global energy transition and the competitiveness of the company’s unique ocean energy technology.Read more »

Season's Greetings from Minesto

December 21, 2018
News
From all of us at Minesto, we wish our owners, partners, suppliers, industry colleagues, other stakeholders and everybody engaged in forming a more sustainable future a Merry Christmas and a Happy New Year! Our offices are closed 22 December to 2 January. Stay safe and sustainable and enjoy the... Read more »

Video: DG500 – The Launch of a World’s First Subsea Kite

December 21, 2018
Media
As we look back on 2018, we see a year when the world really woke up to climate change and the fact that the time for talk is over and the time for action is now. Over the last year, we have seen an increasing understanding from key stakeholders and decision-makers that for a sustainable global... Read more »

Minesto enters formal planning phase with Welsh Government for second stage of public funding

December 21, 2018
Minesto's marine energy converter DG500 during its commissioning program in the Holyhead Deep, Wales
Press releases
Marine energy developer Minesto has taken the next step towards commercialisation of its subsea kite technology and the development of the marine energy sector in Wales. The company has entered the formal planning phase with Welsh Government for the second stage of public funding for Minesto’s...Read more »
The Welsh Government has confirmed that it will engage with Minesto in advanced business planning for the second stage of public funding for Minesto’s tidal energy project in Holyhead Deep off Anglesey, North Wales. “This decision is a strong sign of comfort from the Welsh Government and by such, a... Read more »

Open morning at Minesto UK's visitor centre 18 December

December 18, 2018
The front facade of Minesto's visitor centre at the offices in Holyhead, Wales.
News
On Tuesday 18th of December we will host an open morning at our Minesto UK visitor centre in Holyhead. We welcome all to an update on our activities in Wales and our project at Holyhead Deep – the first low-flow tidal energy project in the world. Full-scale and model-scale prototypes of Minestoäs... Read more »

European investor InnoEnergy expands its involvement in Minesto with €1m investment

December 10, 2018
Press releases
European powerhouse and investor in clean energy InnoEnergy expands its involvement in Swedish marine energy developer Minesto. InnoEnergy has awarded an additional €1 million to the commercialisation of Minesto’s unique marine energy technology, making Minesto InnoEnergy’s largest investment in...Read more »
“This investment underlines the role of ocean energy by Minesto’s technology in the global transition to a renewable energy system. It’s a clear sign of confidence from InnoEnergy in the capabilities of our organisation and in the potential our disruptive clean energy technology. As a major... Read more »

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