News & Media

Minesto News Update 2 April 2020

April 02, 2020
News
· Minesto secures all permits for Faroe Islands’ installations · EU leaders back ‘green transition’ in Covid-19 recovery plan · Year-end Report and Annual Report 2019 · Video: CEO comments on the coronavirus situation and Minesto's ongoing project in the Faroe Islands · Virginia Crosbie MP: We...Read more »
Minesto secures all permits for Faroe Islands’ installations Minesto and its collaboration partner, the Faroese electric utility company SEV, has been granted all necessary permits and consents for the installation of two grid-connected tidal kite systems in Vestmannasund, Faroe Islands. Click here... Read more »

Annual Report 2019

March 26, 2020
News
Minesto has today published the Annual Report for the fiscal year 2019. The Annual Report is available in Swedish only, at the Investor Relations section of the website or via the link below. Minesto AB Annual Report 2019 (in Swedish) Minesto AB Annual Report 2019 (in Swedish)Read more »

Minesto News Update 3 March 2020

March 03, 2020
News
· Minesto’s “revolutionary sea kite design” features on BBC’s Our Coast · Minesto showcases its kite technology at the Engineering the Energy Transition Conference · Net Zero panel at the MEW Conference: What role will marine energy play? · Wanted: Project Manager to Gothenburg and Civil Subsea...Read more »
Minesto’s “revolutionary sea kite design” features on BBC’s Our Coast Last weekend’s episode of Our Coast, a TV show broadcasted on BBC Two, exploring the spectacular coastlines linked by the Irish Sea, featured a section on tidal energy in general – and Minesto’s Deep Green technology and the... Read more »

Ynys Môn MP visits Minesto’s Holyhead operations

February 18, 2020
Ynys Môn MP visits Minesto’s Holyhead operations
News
Virginia Crosbie, Member of Parliament for Ynys Môn (Anglesey), visited Minesto’s Holyhead office last week and was given a tour of Minesto’s visitor centre and Assembly Hall facility. Minesto’s CEO Dr Martin Edlund, together with COO, David Collier and Business Development Manager, Osian Roberts,... Read more »

Minesto News Update 23 January 2020

January 23, 2020
News
· Video: Company presentation at renewable energy investor event (in Swedish) · Minesto proud sponsor of Marine Energy Wales Conference 2020 · TO3 Warrants has started trading · New International Strategy for Wales launched · EU announce €1 trillion Green Deal Investment Plan · WalesOnline: How the...Read more »
Video: Company presentation at renewable energy investor event (in Swedish) This week Minesto participated in the Swedish investor event Aktiekvällen themed renewable energy in Stockholm and Gothenburg. The company presentation and a following climate change panel debate with CEO Dr Martin Edlund... Read more »

Seasons Greetings & Happy Holidays!

December 17, 2019
Minesto Christmas 2019
News
From all of us at Minesto, we wish our owners, partners, suppliers, industry colleagues, and everyone working towards a more sustainable world a Merry Christmas & Happy New Year! Enjoy the holidays to the fullest! Note: Our offices are closed from 23 December 2019 to 1 January 2020. If you... Read more »

Major owner BGA Invest participates in ongoing rights issue – invests an additional SEK 20 million in Minesto

December 09, 2019
News
Minesto's largest shareholder BGA Invest has subscribed for units for approximately SEK 20 million in Minesto's ongoing rights issue, corresponding to just over 23 percent of the issue's total volume of approximately SEK 86 million. The investment means that Minesto's two main...Read more »
“It's obviously great to have this level of support and commitment of our two largest shareholders. BGA Invest and Midroc New Technology have been crucial to Minesto's development over the years and once again show their belief in the potential of the company and the product” , said Minesto's CEO... Read more »

CEO Martin Edlund comments on Minesto's coming rights issue

December 02, 2019
News
As Minesto has today published a prospectus regarding a rights issue with subscription period 4–18 December 2019, the company has published a comment from CEO Martin Edlund.Read more »
The transition to a sustainable society is going faster and on a greater scale than we could have imagined just a few years ago. The demands on the political system, global companies and individuals to contribute are acute and relentless. Today, no one is unaffected or excluded. The clearest and... Read more »

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