News & Media

Minesto partners with leading financial advisor Pareto to capitalise commercial rollout

May 20, 2019
News
Swedish marine energy developer Minesto has engaged with leading financial advisor Pareto Securities to intensify relationships with institutional investors. The purpose is to accelerate and capitalise the commercial rollout of Minesto’s first-of-its-kind renewable energy technology.Read more »
“We know that as the world moves to clean energy, investors are looking for new technologies and ventures in renewable energy generation. Building on the progress we have made over the last few years, we want to take advantage of that trend to accelerate and capitalise the commercialisation of our... Read more »

Tidal wave of MPs unite in support of UK marine power

May 13, 2019
The South Stack Lighthouse on Holy Island, North Wales, overlooking Minesto's Holyhead Deep site 6km off the coast. Photo: Warren Cardwell
News
91 Members of Parliament from all the main parties have signed a letter to the UK Energy Minister Claire Perry, urging her to put measures in place to ensure that the UK capitalises on its role as a world leader in wave and tidal power. The letter, written by the Conservative Member of Parliament... Read more »

Vacancies to strengthen the Holyhead team

April 09, 2019
News
Minesto seeks to strengthen the operational team based in Holyhead, Isle of Anglesey with several recruitments. The vacancies are Consents Manager Electrical Power Systems Engineer Project Manager Technician Read more about the different openings and how to apply here .Read more »

Minesto awards contract for DG100 foundation connection system

April 08, 2019
Illustration of Minesto's foundation connection system for the company's first DG100 model. Photo: Minesto
News
Minesto has completed the procurement of the foundation connection system for the DG100 model of the company’s subsea kite technology called Deep Green. A contract for design and development of the system has been awarded to Inyanga-Tech, with Quoceant as main sub-supplier. The foundation... Read more »

Tidal energy a cornerstone in Wales 100% renewable by 2035 plan

March 15, 2019
News
Welsh think tank Institute of Welsh Affairs (IWA) has published a report called “A plan for Wales’ renewable energy future: essential actions to re-energise Wales by 2035” , which outlines how Wales could make the transition to 100% renewable energy by 2035. Tidal energy features strongly in the... Read more »

Minesto News Update 28 February 2019

February 28, 2019
News
· EU invests over €10bn in innovative clean technologies · Minesto links up with Antigua and Barbuda and United Nations Office for Project Services · Minesto speakers at Marine Energy Wales’ 10th Annual Conference · Minesto features in The Times ”Future of Energy” report · Company presentation at...Read more »
EU invests over €10bn in innovative clean technologies The European Commission has announced an investment programme worth over €10 billion for low-carbon technologies in several sectors to boost their global competitiveness. “We will need deployment of clean innovative technologies on an... Read more »

Minesto speakers at Marine Energy Wales’ 10th Annual Conference

February 22, 2019
News
This year the annual Marine Energy Wales Conference is arranged for the 10th time. The anniversary event will be held in Newport on the 4th of April and Minesto is proud sponsor of the conference 2019. Minesto’s Dr Martin Edlund is also one of the invited speakers at the conference, alongside other... Read more »

Minesto joins Sony and MIT at United Nations’ workshop on island nation challenges

February 19, 2019
News
Ocean energy solutions for off-grid environments was one of the topics discussed when Minesto, by invitation from The United Nations Office for Project Services (UNOPS) and the Government of Antigua and Barbuda, participated in a workshop held during a hackathon focusing on how to build sustainable...Read more »
”We engaged in this initiative to help solve the challenges for islands that are subjected to major trials due to climate change ”, said Dr Martin Edlund, CEO of Minesto. “One aspect of this is enabling secure and clean energy supply. Replacing diesel generation with renewables in areas where... Read more »

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