News & Media

Minesto publishes Year-End Report 2020

March 18, 2021
Press releases
CEO Dr Martin Edlund: “Despite the coronavirus pandemic, during 2020 Minesto has advanced its positions both in technology through delivery to the electricity grid, and on the market side by establishing partnerships with key players in the energy industry.”Read more »
Significant events October–December 2020 In October, Minesto announced progress in the company's tidal energy project in the Faroe Islands, with successful verification of the DG100 system's most important operational functions as well as of efficient and safe offshore launch and recovery... Read more »

Pareto TV: Minesto & unique green energy (in Swedish)

March 15, 2021
Media
Johan Spetz, Head of Equity Research at Pareto Securities discusses Minesto in Pareto’s daily web TV show “Good morning from the Pareto desk” on 12 March.Read more »

Minesto and Schneider Electric join forces to commercialize marine energy

March 12, 2021
Press releases
Leading marine energy developer Minesto and Schneider Electric, the global leader in the digital transformation of energy management and automation, have entered a Memorandum of Understanding to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.Read more »
The collaboration between Minesto and Schneider Electric aims at accelerating the commercial roll-out of marine energy to enable the global transition towards net-zero societies, where energy systems that include plannable, renewable energy production are necessary. To leverage the value... Read more »

Minesto resumes operations in the Faroe Islands

March 04, 2021
News
Leading marine energy developer Minesto continuous the operations programme with the DG100 tidal energy powerplant in Vestmannasund, Faroe Islands. This includes verification of electricity production together with the utility customer SEV and third-party certifier DNV. Personnel, hardware, and...Read more »
“We are pleased to be back in action in the Faroes and look forward to push forward providing tidal energy to the Faroese electric grid from the site in Vestmannasund”, said Dr Martin Edlund, CEO of Minesto. “Scaling up and commercialising the technology is the obvious business focus for Minesto... Read more »

Presentation at Aktiespararna renewable energy investor event (in Swedish)

February 09, 2021
News
Presentations
Media
On February 9, Minesto participated in Aktiespararna's investor event with the theme of renewable energy, where CEO Martin Edlund presented Minesto and the company's technology, projects and focus going forward.Read more »

Pareto TV interview with Martin Edlund (in Swedish)

January 31, 2021
Media
Minesto's CEO Dr Martin Edlund is interviewed for Pareto TV in conjunction with Pareto Securities’ Power & Renewable Energy Conference in January 2021.Read more »

Presentation at Västra Hamnen's Investor Day

December 03, 2020
Presentations
Media
Minesto participated in Västra Hamnen Corporate Finance's Investor Day on 2 December, where CEO Dr Martin Edlund presented the company and the recent achievements in Minesto's project in the Faroe Islands.Read more »

Video: Minesto delivers first tidal energy to the Faroese grid

December 02, 2020
Media
As a part of the ongoing commissioning work of its DG100 tidal kite system in Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delivering electricity to the Faroese grid facilitated by the Power Purchase Agreement with the utility company SEV.Read more »

Minesto reaches historic milestone – delivers first tidal energy to the Faroese grid

December 01, 2020
Press releases
As a part of the ongoing commissioning work of its DG100 tidal kite system Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delivering electricity to the Faroese grid facilitated by the Power Purchase Agreement with the utility company SEV.Read more »
“This is a historic moment and a massive step forward for Minesto and the development of our unique product. We are particularly satisfied with the production performance level of the system”, said Dr Martin Edlund, CEO of Minesto. “We are now looking forward to our continued operations in... Read more »

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