Minesto

After more than a decade of development, Minesto’s novel underwater “kite” technology kicked off commercial operation with a 100-kW project in the Faroe Islands. Despite some hiccups, the pioneering

Tidal and wave energy installations in 2020 brought global cumulative installations for ocean energy to almost 60 MW. Another 6 MW of wave and tidal energy is slated for deployment this year, suggesting marked

At first view, marine energy developer Minesto’s novel underwater “kite” technology may be easily dismissed as a fanciful concept, one of dozens introduced over the last decade to reap the immense ocean

February 19, 2020 — Leading marine energy developer Minesto has signed a power purchase agreement (PPA) with the Faroese electric utility company SEV, advancing the parties’ collaboration to integrate tidal energy in the Faroe Island’s electricity mix. The PPA comprises both the planned installations of two 100kW systems of Minesto’s subsea kite technology and an […]

Taishan-2 EPR Achieves Criticality. A second EPR unit in China’s Guangdong province attained a sustained chain reaction on May 28, marking another major milestone for Framatome, EDF, and China General

Marine energy developer Minesto has verified the functionality of its unique Deep Green technology at utility scale, marking a significant milestone for the company and for the marine energy industry. Following a thorough commissioning program of the company’s first device of the Deep Green technology at utility scale, which generates clean electricity from tidal streams […]

Marine energy developer Minesto has initiated the commissioning program of its first tidal energy project in commercial scale in North West Wales, with initial sea trials of the company’s DG500 tidal energy converter taking place in Holyhead harbour and the Holyhead Deep site. “The activities in Holyhead are progressing well and we are pleased to […]

Marine energy developer Minesto has completed the second offshore installation phase of its DG500 project in Wales. Having installed the tether, micro grid system buoy and umbilical, all supporting components and systems needed to deliver the power produced by Minesto’s first system of the unique Deep Green technology in Utility Scale are now in place. […]

An updated Cost of Energy analysis of Minesto’s unique ocean energy technology shows substantial improvements compared to previous estimates. “These new results convince me that our technology is transforming ocean energy into one of the most cost-effective energy resources”, said Dr Martin Edlund, CEO of Minesto. As part of its first commercial-scale project, Minesto together […]