Nordic marine energy leader Minesto (https://minesto.com/) has entered into a technology partnership with German tidal turbine manufacturer Schottel Hydro (http://www.schottel.de/schottel-hydro/). The objective is to supply Minesto with hydrokinetic turbine components in 2016 and 2017. ”This is a strategic technology partnership with one of the world leaders in underwater technology, ensuring the quality and performance of our marine power plant, Deep Green (https://minesto.com/deep-green/)”, said Minesto’s CEO, Anders Jansson.

Leading marine renewable energy company Minesto, has together with eight partners received EUR 5.1 million, to develop the Deep Green technology within a project named PowerKite. The project will be financed through EU Horizon 2020.EU has a strong ambition to develop the field of marine energy and has quadrupled its budget over the next four years. To utilize the oceans is something that also has been prioritized at the climate meeting in Paris, COP21 (http://www.cop21.gouv.fr/), in programs such as (http://www.cop21.gouv.fr/wp-content/uploads/2015/11/progEGC-EN-version-26.11.2015.pdf) ”Energy and water: a nexus for development and adaptation to climate change” and ”Ocean solutions for our climate: mitigation through marine innovation”.

The Board of Swedish marine energy company Minesto has decided to apply for listing of the companys shares on First North at NASDAQ Stockholm and conduct a new issue of units directed to the public in Sweden of appoximatley EUR 10 million.

Marine energy company Minesto (https://minesto.com/), recently given a €13M investment from the European Regional Development Fund through the Welsh Government (http://gov.wales/funding/eu-funds/?lang=en), today announced that they have received an additional €3.5M from KIC InnoEnergy (http://www.kic-innoenergy.com/).

Nordic marine energy technology leader Minesto (https://www.minesto.com/), developer of the Deep Green (https://www.minesto.com/deepgreentechnology/index.html) marine energy power plant, announced today that  (https://www.linkedin.com/in/fredrik-ahlstr%C3%B6m-422256103/en)Fredrik Ahlström (https://www.linkedin.com/in/fredrik-ahlstr%C3%B6m-422256103/en) has been named Minesto’s Chief Financial Officer, succeeding CFO Charlotta Ekman (https://www.linkedin.com/profile/view?id=5730555&authType=NAME_SEARCH&authToken=5N3M&locale=en_US&trk=tyah2&trkInfo=tarId%3A1417690263950%2Ctas%3Acharlotta%20ekman%2Cidx%3A1-1-1) who will take up the position as Minesto’s Chief Operating Officer.

UK and Wales strengthen position as global leaders in marine renewable energy:
Marine energy company Minesto (https://minesto.com/) has been awarded a 13 million Euros investment from the European Regional Development Fund through the Welsh Government (http://gov.wales/funding/eu-funds/?lang=en). The funding is part of the commercial roll out, including the establishment of Minesto UK Headquarters in North Wales and commissioning of the first commercial Deep Green (https://minesto.com/deep-green/?1363717498822) power plant.