News & Media

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 »

Minesto completes first Holyhead Deep installation phase

May 09, 2018
Service vessels passes the South Stack lighthouse on Holy Island while towing Minesto's GBS foundation to Holyhead Deep.
News
Minesto has completed the first offshore installation phase of the project aimed at demonstrating Minesto’s marine energy technology Deep Green in utility scale. The gravity-based structure, including the bottom joint system that moors Minesto’s DG500 power plant to the foundation, has been...Read more »
“We’re happy to be under way and to have the first piece of hardware installed at the site in Holyhead Deep”, said Minesto’s COO David Collier. “This is milestone in the DG500 project.” The gravity-based structure was towed out to the Holyhead Deep site located some 6km off Holy Island and lowered... Read more »

DG500 bottom joint system installed

May 04, 2018
News
Media
The bottom joint system that will be used to moor Minesto's DG500 device to the seabed in Holyhead Deep, Wales has been installed onto the gravity-based foundation. The bottom joint functions as a locking mechanism between the power plant's tether and the seabed foundation. It is also articulated... Read more »

Video: COO David Collier walks through the DG500 installation

May 03, 2018
News
Media
With installation activities underway in Holyhead, Wales, marine energy developer Minesto is closing in on demonstration of the unique Deep Green technology in Utility Scale for the first time. Today, Minesto has published an interview with the company’s Chief Operating Officer David Collier, where... Read more »

Minesto and Anglesey promoted in UK Parliament

April 19, 2018
Minesto's CEO Dr Martin Edlund meets with Albert Owen MP and Secretary of State Greg Clark during the Anglesey Day in the House of Commons 19th of April 2018.
News
On Wednesday, Anglesey Day was arranged in the House of Commons. The day, hosted by Ynys Môn MP Albert Owen, aims to promote the Isle of Anglesey by offering local organisations the chance to engage with MP’s and other Parliament representatives. This year the event linked in with the Welsh... Read more »

"The European Commission sees technologies such as Minesto’s as an essential component of the energy mix"

April 13, 2018
News
On Thursday, 500 leading politicians and business representatives gathered in Brussels to participate in the fourth edition of the EU Energy Summit. During the conference, strong support was expressed for the development of the European marine energy industry.Read more »
"There is no doubt that the European Commission sees blue energy and technologies such as Minesto’s as an essential component of Europe's future energy mix”, said Martin Edlund, CEO of Minesto, who was in Brussels to attend the EU Energy Summit. Blue energy, that is, ocean energy such as tidal... Read more »

“The Swedish Energy Agency’s multimillion investment is fully in line with Minesto’s technology”

April 09, 2018
News
The Swedish Energy Agency has announced today that it allocates SEK 105 million to a continued investment in marine energy. The initiative will contribute to exports of Swedish expertise and products.Read more »
“The Swedish Energy Agency's latest investment in marine energy is fully in line with our unique Deep Green technology and we are looking forward to forthcoming announcements within the program. It is pleasing to see the agency’s focus on concepts with export potential that can contribute to the... Read more »

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