News & Media

November 02, 2017
Picture of Minesto's commercial-scale size replica of its Deep Green tidal energy converter.
Minesto has awarded a framework agreement to Holyhead Towing Co. Ltd and Leask Marine Ltd for general support services for a variety of marine operational needs, such as the supply of vessels and marine equipment for Minesto’s DG500 tidal energy project in Holyhead Deep, Wales. The framework... Read more »
November 02, 2017
The gravity base structure foundation for Minesto’s first commercial-scale tidal energy converter, due for installation in Holyhead Deep off the coast of North West Wales next year, is now 50 per cent complete. The concrete base is being constructed by Ruthin-based Jones Bros Civil Engineering UK,... Read more »
October 23, 2017
Logotype of Marine Energy Wales. Photo: Marine Energy Wales
Following the announcement earlier this month regarding substantial improvements of the projected Levelized Cost of Energy of our ocean energy technology, industry body Marine Energy Wales has welcomed this as a positive step forward for the industry. David Jones, Project Director of Marine Energy... Read more »
October 20, 2017
Minesto’s CEO Dr Martin Edlund had the honour to update members of the National Assembly for Wales earlier this week, sharing information on progress made in our North-West Wales project. Commenting afterwards, Martin Edlund said he was very pleased with the positive spirit in which the meeting was... Read more »
October 20, 2017
Ocean Energy Europe logotype
Next week, “The most important event in the ocean energy calendar”, the Ocean Energy Europe Conference and Exhibition 2017 takes place in Nantes, France. The event will welcome 400+ professionals from all parts of the sector, coming from 20 countries in Europe and beyond. Minesto’s CTO Bernt Erik... Read more »
October 12, 2017
Illustration of Minesto's ocean energy device Deep Green and its subparts
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...Read more »
As part of its first commercial-scale project, Minesto together with ITPEnergised has completed an updated Levelized Cost of Energy (LCOE) analysis of Minesto’s marine energy converter based on new knowledge of the system, its potential and its costs. Projections now show that Minesto’s LCOE will... Read more »
October 09, 2017
Minesto has completed the procurement of an Onshore and Offshore Communication system for the company’s DG500 project in Holyhead, Wales. ITS Technology Group with operations in Wales, England and Scotland and extensive experience in network infrastructure, microwave links, connectivity and managed... Read more »

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