News & Media

Minesto joins Sony and MIT at United Nations’ workshop on island nation challenges

February 19, 2019
News
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...Read more »
”We engaged in this initiative to help solve the challenges for islands that are subjected to major trials due to climate change ”, said Dr Martin Edlund, CEO of Minesto. “One aspect of this is enabling secure and clean energy supply. Replacing diesel generation with renewables in areas where... Read more »

Minesto features in The Times ”Future of Energy” report

February 13, 2019
Media
Minesto features in a Future of Energy report that was published in The Times today. The report covers the changing energy sector as the world needs to tackle climate change. One of the stories discuss the potential of ocean energy in the renewables mix in which Minesto and our unique marine energy... Read more »

Minesto raises SEK 44.4 million from warrants program

February 11, 2019
Press releases
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...Read more »
Commenting on the outcome of the warrants program Minesto’s CEO Dr Martin Edlund said: “We are pleased that so many have chosen to exercise their warrants and subscribe for new shares in Minesto. We will use this capital injection together with our other sources of funding to continue the... Read more »

Presentation at Aktiekvällen Göteborg (in Swedish)

February 05, 2019
Presentations
Media
Yesterday we participated in Swedish capital market event Aktiekvällen Göteborg, focusing on renewable energy. Watch our CEO Dr Martin Edlund present Minesto, our technology and business in the video above.Read more »

Video: #Sitdown – conversation between analyst Alf Riple and CEO Martin Edlund (in Swedish)

January 28, 2019
Media
Video interview (in Swedish), where analyst Alf Riple from Västra Hamnen Corporate Finance and Minesto's CEO Martin Edlund talk energy transition, Minesto and our ground-breaking renewable energy technology.Read more »

New innovation extends Minesto’s generic IP protection and further expands its market opportunities

January 25, 2019
News
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.Read more »
“ The innovation that we have filed for patent protection creates significant commercial value to Minesto as it expands the number of potential development sites and at the same time reduces operating costs and hence the levelised cost of energy of the system”, said Dr Martin Edlund, CEO of Minesto... Read more »

Minesto’s main owners exercise all of their subscription warrants

January 23, 2019
Press releases
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...Read more »
Minesto's two main owners BGA Invest and Midroc New Technology have made further investments in Minesto by having exercised all of their “MINEST TO 2” warrants held in Minesto AB. “As long-term and active owners in Minesto, BGA Invest and Midroc New Technology have been crucial to take the company... Read more »

UK Secretary of State voices support for marine energy

January 21, 2019
News
During the House of Common’s sitting on Thursday, Secretary of State for Business, Energy and Industrial Strategy Greg Clark spoke of the opportunity for marine energy in North Wales and expressed support from the UK Government for the development of the marine energy sector. When asked by Albert... Read more »

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