News

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 presents the Deep Green concept to HRH Prince Charles

July 07, 2016
News
On Tuesday, Minesto attended the opening of the Marine Centre Wales at Bangor University’s School of Ocean Sciences. The Centre was officially opened by the Prince of Wales, and Minesto got the opportunity to present its Deep Green tidal energy concept to the Prince. “He seemed genuinely very... 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 »

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