News & Media

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 »

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 »

Minesto News Update 18 May 2018

May 18, 2018
Minesto's micro grid system buoy in the River Clyde prior to the tow to Holyhead.
News
· MGS buoy on the move · Minesto pitches at reputable EU event · Meet Minesto at Swedish shareholder event next weekRead more »
MGS buoy on the move Minesto has completed preparations for installation of the micro grid system (MGS) buoy that will be used with the first Deep Green device in Holyhead Deep, Wales. The buoy was lifted from the King George V dock to the River Clyde in Glasgow and will now be towed to Holyhead... Read more »

MGS buoy on the move

May 18, 2018
Minesto's micro grid system buoy is lifted to the River Clyde prior to its tow to Holyhead. Photo: Rob Johnson/Film Up High
News
Preparations for installation of the micro grid system (MGS) buoy that will be used to handle and analyse electricity generated by Minesto’s first Deep Green marine energy converter in Utility Scale has been completed. This includes installation, testing and commissioning of the MGS itself, the... Read more »

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