News & Media

European Commission backs Minesto roadmap for commercial breakthrough

June 21, 2018
Press releases
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...Read more »
“This grant underscores Minesto’s ability and industry-leading track record in obtaining public funding support from the EU”, said Dr Martin Edlund, CEO of Minesto. “More importantly, it also shows that the European Commission acknowledges and supports our market entry approach based on initial... Read more »

Presentation at AGM 2018 (in Swedish)

June 08, 2018
Presentations
Media
On Tuesday, Minesto AB held its Annual General Meeting in Gothenburg, Sweden. Minesto's CEO Dr Martin Edlund made a presentation to the participant the meeting, available to watch in the video above.Read more »

Minesto reinforces its project finance capability through new board members

June 07, 2018
News
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.Read more »
“We are delighted to welcome Javier and Jonas to the Board of Directors”, said Bengt Adolfsson, Chairman and main owner of Minesto. “Minesto faces an exciting time in the development and commercial rollout of its unique Deep Green technology. With the newly elected board members we add to the board... Read more »

Minesto News Update 30 May 2018

May 30, 2018
Minesto's CEO Dr Martin Edlund COO David Collier guide Ken Skates AM during the Cabinet Secretary's visit to Holyhead, Wales. Photo: Minesto
News
· 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 publishedRead more »
Minesto hosts Ministerial visit On Thursday, Minesto had the honour of being visited by Ken Skates AM, Cabinet Secretary for Economy and Transport in Wales, at the company’s UK head offices in Holyhead. The Cabinet Secretary was given an update of Minesto’s operations in Wales as well as a tour to... Read more »

Minesto welcomes Minister to Holyhead

May 30, 2018
Ken Skates AM together with Minesto's CEO Dr Martin Edlund and COO David Collier. Photo: Minesto
News
On Thursday, Minesto had the honour of being visited by Ken Skates AM, Cabinet Secretary for Economy and Transport in Wales, at our UK head offices in Holyhead. The Cabinet Secretary was given a tour around Minesto’s offices with an update on Minesto’s operations in Wales and the company’s DG500... Read more »

Technical analysis of the Minesto share (in Swedish)

May 29, 2018
Media
In the Friday edition of Swedish finance web TV show Trading Direkt, a technical analysis of the Minesto share is presented. See the analysis at approx. 21:30 mins in the video above.Read more »

Second installation phase at Holyhead Deep completed

May 28, 2018
Umbilical, upper part of the bottom joint and tether on a construction vessel on its way to Minesto's site in Holyhead Deep, Wales. Photo: Rob Johnson / Film Up High
News
Media
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...Read more »
ptf_hook-up “We are very pleased to have finished this second step towards commissioning our DG500 device in Holyhead Deep”, said Minesto’s Chief Operating Officer David Collier. “The offshore operations team in Holyhead, with support from colleagues in Sweden and Northern Ireland, has made great... Read more »

Q1 Interim Management Statement

May 24, 2018
The wing is assembled to Minesto's marine energy converter DG500 in Holyhead, Wales in the beginning of 2018. Photo: Minesto
News
Minesto AB's Interim Management Statement for the first quarter 2018 is now published. The statement is available, in Swedish only, under the Investor Relations section of the web site, or via the link below. Delårsredogörelse 1 januari–31 mars 2018 Delårsredogörelse 1 januari–31 mars 2018Read more »

Deep Green MGS buoy installed in Holyhead Deep

May 23, 2018
Minesto's micro grid system buoy installed at the Holyhead Deep site off North West Wales. Photo: David Collier/Minesto
News
Minesto has completed the installation of the micro grid system (MGS) buoy that will be used for the company’s first tidal energy installation in Holyhead Deep, Wales. Moored to the seabed using three anchor lines, the offshore buoy designed for extreme sea conditions will provide auxiliary power... Read more »

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