News & Media

The naming of a world’s-first kite

September 04, 2018
Louise Marsden, Minesto and Iwan and Elsie with family, winners of the kite naming competetion at the Unveiling Event of Minesto's first utility-scale device in Holyhead, Wales.
News
Media
Over the last year and a half, we have asked children at different events we’ve held or participated in around Anglesey to come up with a name for our first Deep Green marine energy kite at utility scale – the DG500 device. We have had a lot of great suggestions such as Sea Glider, Green Charger,... Read more »

Minesto kite unveiling ceremony put focus on Wales’ marine energy potential

August 30, 2018
Minesto's CEO Dr Martin Edlund and Mr Albert Owen MP at the Unveiling Event of Minesto's first utility-scale device in Holyhead, Wales.
News
Key stakeholders and local suppliers are joining Minesto in Holyhead today for an unveiling ceremony of the company’s first marine energy kite at utility scale.Read more »
“We are celebrating what Minesto have achieved in Anglesey over the last few years. The demonstration of our unique technology in the Holyhead Deep is a first-of-its-kind project that represents a substantial milestone for Minesto and the marine energy industry in Wales”, said Dr Martin Edlund, CEO... Read more »

Half-Year Report 2018

August 30, 2018
News
Today we have published the Half-Year Report for Minesto AB. The report is available, in Swedish only, at the Investor Relations section of the website .Read more »

Minesto completes initial commissioning trials of its DG500 marine energy kite

August 14, 2018
News
Marine energy developer Minesto has completed the initial commissioning sea trials of its unique subsea kite technology called Deep Green off the coast of Holyhead, North West Wales. Through the initial trials, a range of functionalities such as the kite control system, launch and recovery systems...Read more »
The results of the initial commissioning tests have been analysed and the main conclusion is that Minesto’s DG500 marine energy kite, which produces renewable energy from tidal streams and ocean currents, is ready to commence “flying” full subsea trajectories. Commenting on the progress, Minesto’s... Read more »

Minesto initiates DG500 commissioning program

July 02, 2018
Minesto's marine energy converter DG500 undergoes sea trails in Holyhead Harbour, Nort West Wales. Photo: Minesto
News
Marine energy developer Minesto has initiated the commissioning program of its first tidal energy project in commercial scale in North West Wales, with initial sea trials of the company’s DG500 tidal energy converter taking place in Holyhead harbour and the Holyhead Deep site.Read more »
“The activities in Holyhead are progressing well and we are pleased to have moved on to the commissioning phase of the DG500 project”, said Minesto’s Chief Operating Officer David Collier. “The commissioning vessels are chartered, and the kite is in the water. We are now performing some initial... 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 »

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 »

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