Minesto’s has completed the test site infrastructure installations at the Holyhead Deep site off North Wales. After installing the upgraded infrastructure, the site is ready for installation and commissioning of Minesto’s DG500 kite system.

· Minesto’s CEO Martin Edlund named Presenter of the Year
· Minesto added to the Nasdaq First North 25 Index
· Media publicity after funding announcements
· New €100 million clean energy fund established

Minesto’s CEO Dr Martin Edlund has been awarded the FH Presentation Award 2018 in the category Micro Cap Presenter of the Year for consistently and skilfully presenting the Minesto business and investment case to capital market stakeholders.

Swedish marine energy developer Minesto has received additional public support and funding for the development and commercialisation of its marine energy technology called Deep Green. The Swedish Energy Agency has awarded Minesto a SEK 12.5 million grant to the development of the company’s marine power plant DG100.

Leading marine energy developer Minesto has been awarded a €2.5 million grant from the European Commission’s SME Instrument programme. The awarded funding will support the installation of Minesto’s technology in the Faroe Islands together with the utility company SEV.

The Welsh Government has announced their continued support to leading marine energy developer Minesto following the award of €14.9 million of EU funding for the next phase of Minesto’s tidal energy scheme in Wales.

· Minesto progress DG100 project with subsystem orders
· Tidal wave of MPs unite in support of UK marine power
· Minesto partners with leading financial advisor to capitalise commercial rollout
· Marketing Coordinator wanted to Gothenburg office
· Minesto presentation and study visit at Blue Energy seminar day
· “Exciting shares in a hot sector”
· “’Deep Green’: how a Swedish startup is making waves underwater”

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.

· 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 Swedish capital market event

Marine energy developer Minesto has signed a Memorandum of Understanding with the Government of Antigua and Barbuda. Through a feasibility study, facilitated by the United Nations Office for Project Services, the parties will explore the possibilities of supplying the Eastern Caribbean with renewable ocean energy by Minesto’s technology.

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 and resilient infrastructure for island communities.

Marine energy developer Minesto has concluded its warrants program of series TO 2. In total, 98 percent of outstanding warrants were exercised, which means that Minesto will add approximately SEK 44.4 million in proceeds before issue costs to the commercialisation activities of the company’s unique subsea kite technology.

Marine energy developer Minesto has filed a patent application with the aim of further extending the generic patent protection of the unique Deep Green energy technology. The new technical innovation expands the addressable market opportunities and at the same time reduces operating costs.

Minesto’s largest shareholders BGA Invest and Midroc New Technology has underlined their long-term commitment in Minesto by exercising all of their warrants held in Minesto AB. The subscription period for Minesto’s TO 2 warrants runs until 8thof February 2019.

Marine energy developer Minesto has taken the next step towards commercialisation of its subsea kite technology and the development of the marine energy sector in Wales. The company has entered the formal planning phase with Welsh Government for the second stage of public funding for Minesto’s tidal energy project in North Wales.

European powerhouse and investor in clean energy InnoEnergy expands its involvement in Swedish marine energy developer Minesto. InnoEnergy has awarded an additional €1 million to the commercialisation of Minesto’s unique marine energy technology, making Minesto InnoEnergy’s largest investment in ocean energy.

· Minesto joins Swedish multinational companies in Taiwan trade delegation
· EU Commissioner for Climate Action & Energy: Mobilising €1.2bn for ocean energy development
· Minesto enjoys Swedish and international media publicity
· Minesto signs agreement with electric utility SEV for Faroe Islands’ installations

Swedish marine energy developer Minesto has signed a collaboration agreement with the main power generator and distributor on the Faroe Islands, SEV, for two installations of Minesto’s DG100 model. The agreement also includes a power purchase agreement through which SEV commits to purchase the electricity generated by Minesto’s tidal energy converters.

Marine energy developer Minesto has completed the offshore commissioning and test programme of its EU-funded tidal energy project offshore Holyhead, North Wales, which aims to demonstrate the company’s first utility-scale system of its pioneering subsea kite technology.

· Finance Secretary sets out marine energy ambition for Wales at OEE2018
· Wanted: Engineers who want to join the climate change fight
· European Commission and Bill Gates’ Breakthrough Energy launch €100m clean energy investment fund
· Minesto features on national television news

Marine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the commissioning program of the company’s ground-breaking low-flow tidal energy project in Wales.

· EU ocean energy support discussed at Nordic tech event in Brussels
· DNV GL: Renewable energy investments to triple by 2050
· ”AWTEC 2018 highlights the importance of marine energy in Asia”
· Minesto features in Dagens Industri
· The naming of a world’s-first kite
· Minesto kite unveiling ceremony put focus on Wales’ marine energy potential

Key stakeholders and local suppliers are joining Minesto in Holyhead today for an unveiling ceremony of the company’s first marine energy kite at utility scale.

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.

Marine energy developer Minesto has completed the initial commissioning sea trials of its unique subsea kite technology called Deep Green off the coast of Holyhead, North West Wales. Through the initial trials, a range of functionalities such as the kite control system, launch and recovery systems, connections and communications have been tested and verified in various sea states.

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.

Swedish marine energy developer Minesto has been selected by the European Commission for phase 1 of the Horizon 2020 SME Instrument programme. The awarded funding is dedicated to a customer-involved feasibility study with the purpose of facilitating commercialisation of Minesto’s unique Deep Green technology.

Javier Sanz, CTO Renewable Energies at InnoEnergy, a leading European investor in renewable energy and Jonas Millqvist, with extensive project finance experience from global wind developer Vestas are new board members in Minesto AB.

· Minesto hosts Ministerial visit
· Second installation phase at Holyhead Deep completed
· Technical analysis of the Minesto share
· Company presentation at Aktiedagen Malmö
· Q1 Interim Management Statement published

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.