News & Media

Minesto and National Taiwan Ocean University signs collaboration agreement

November 10, 2016
Press releases
Leading ocean energy developer Minesto has today signed a collaboration agreement together with the Research Center for Ocean Energy and Strategies at National Taiwan Ocean University. The collaboration will include installation and ocean testing of a scale model and research on Minesto’s unique...Read more »
The collaboration agreement between Minesto and Research Center for Ocean Energy and Strategies (RCOES) was signed Thursday morning at a signing ceremony at the National Taiwan Ocean University in Keelung, Taiwan. Within the scope of the collaboration agreement, Minesto and RCOES will explore the... Read more »

Technical progress for Minesto

November 02, 2016
Press releases
In October, Minesto’s quarter-scale sea trials of the Deep Green technology have reached new highs of electricity generation. The results correspond to full power production for a full-scale power plant.Read more »
Quarter-scale sea tests of Minesto’s unique technology for producing electricity from low-velocity ocean and tidal currents, Deep Green, has been ongoing at Minesto’s test facility in Northern Ireland since 2013. The test results now surpass previously noted maximum levels of electricity generation... Read more »

Minesto strengthens the patent portfolio

October 21, 2016
Press releases
The European Patent Office has granted leading tidal energy developer Minesto a European patent for the primary patent family covering the company’s core technology. “This strengthens the IP position for our already well-protected Deep Green concept”, says Dr Martin Edlund, CEO of Minesto.Read more »
Minesto’s primary patent application was filed in 2006, with additional applications being filed during 2011–2016. Earlier this year the European Patent Office (EPO) announced that they intended to grant a European patent for the primary patent family. EPO has now issued a communication stating... Read more »

Minesto to attend Taiwan-Sweden Joint Business Council Meeting

September 05, 2016
Press releases
Dr Martin Edlund, CEO of leading tidal energy developer Minesto, has joined the Swedish Business Delegation that will attend the 32nd Taiwan-Sweden Joint Business Council Meeting in Taipei on 26 September 2016. The delegation will be led by the State Secretary to the Swedish Minister for EU Affairs...Read more »
The Taiwan-Sweden Joint Business Council meeting is an important platform for business contacts and intergovernmental relations, to explore business opportunities between Taiwan and Sweden. This year’s meeting will address the theme on Smart Cities & Living and one of the focus areas is... Read more »

The Swedish Energy Agency grants funds to projects focusing on Minesto’s technology

July 07, 2016
Press releases
Leading Swedish tidal energy developer Minesto, together with industry and academia partners, have been granted research funds totalling SEK 5.7 million by the Swedish Energy Agency. “The decision is a clear sign of confidence from the Swedish Energy Agency in Minesto’s ability to realise the Deep...Read more »
Minesto’s patented technology Deep Green is the only proven marine power plant that can extract energy from low-velocity tidal and ocean currents in a cost-effective way. The concept has been developed over nearly a decade and for the last three years quarter scale ocean testing is ongoing outside... Read more »

Minesto’s CEO on Brexit: ”The referendum results will not affect Minesto’s EU project in Wales."

June 27, 2016
Press releases
"The financial support is secured and tidal energy is now more important than ever for the region”...Read more »
Following the outcome of the EU referendum last Thursday, where the majority of the British people voted for an exit from the European Union, Minesto have today published the following comment. In May 2015, Minesto secured an offer of a €13m grant from the European Regional Development Fund through... Read more »

KIC InnoEnergy invests an additional EUR 1 million in Minesto

June 15, 2016
Press releases
KIC InnoEnergy, the European company for innovation, business creation and education in the field of sustainable energy, is expanding its involvement in Minesto, a leading developer of renewable energy from slow ocean and tidal currents. KIC InnoEnergy has awarded an additional EUR 1 million in the...Read more »
KIC InnoEnergy promotes entrepreneurship, innovation and education in sustainable energy. Minesto and KIC InnoEnergy entered into a collaboration in 2014. In September 2015, KIC InnoEnergy made their largest investment in marine energy of EUR 3.5 million to support the development of Minesto’s... Read more »

Martin Edlund continues as CEO of Minesto

May 20, 2016
Press releases
The Board of Minesto AB has today appointed Dr Martin Edlund, since February acting CEO, as CEO of Minesto. “Martin holds an ideal combination of technical expertise, industry knowledge and experience in business development”, said Bengt Adolfsson, chairman of Minesto.Read more »
Dr Martin Edlund took over as acting CEO of Minesto in February this year, when Anders Jansson chose to leave his position. Over the past six years, Dr Edlund has served as Chairman of the Board with an operational role in the company, focusing on business development and partnerships. A... Read more »

Minesto orders bottom joint system for Deep Green

May 04, 2016
Press releases
Minesto has entered into a supplier agreement with Subsea Riser Products (SRP), within which Minesto has ordered a modified version of SRP’s product Rocksteady for Minesto’s tidal energy power plant Deep Green. Delivery is scheduled for the first quarter of 2017.Read more »
SRP is an established player in the offshore industry with long experience of producing high-strength products for use in harsh environments. Minesto has now entered into a supplier agreement with SRP. Within the agreement Minesto has ordered a version of SRPs product Rocksteady, a bottom joint... Read more »

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