News & Media

October 12, 2017
An updated Cost of Energy analysis of Minesto’s unique ocean energy technology shows substantial improvements compared to previous estimates. “These new results convince me that our technology is transforming ocean energy into one of the most cost-effective energy resources”, said Dr Martin Edlund...Read more »
As part of its first commercial-scale project, Minesto together with ITPEnergised has completed an updated Levelized Cost of Energy (LCOE) analysis of Minesto’s marine energy converter based on new knowledge of the system, its potential and its costs. Projections now show that Minesto’s LCOE will... Read more »
October 09, 2017
Minesto has completed the procurement of an Onshore and Offshore Communication system for the company’s DG500 project in Holyhead, Wales. ITS Technology Group with operations in Wales, England and Scotland and extensive experience in network infrastructure, microwave links, connectivity and managed... Read more »
September 26, 2017
Cabinet Secretary for Economy and Infrastructure Ken Skates has announced £4.5m of EU and Welsh Government funds to help boost the marine and tidal energy sector in North Wales. The funding will support the Morlais Demonstration Zone in Anglesey, which will help the development and... Read more »
September 15, 2017
Minesto has hired David Collier, with 30 years of experience in offshore energy, as new COO. At the same time, Bernt Erik Westre has been appointed as new CTO to replace leaving Heije Westberg. “With these changes, we strengthen our commercial position and put a sharper focus on customer-driven...Read more »
David Collier joins Minesto as new Chief Operating Officer (COO), adding a track record to the management team matched by few others in the ocean energy industry. For the last 30 years of his career, he has spent the vast part in the offshore energy sector building and leading engineering teams and... Read more »
September 12, 2017
Minesto’s CEO Dr Martin Edlund will attend the 33rd Sweden-Taiwan Joint Business Council (JBC) Meeting which is visited by a Taiwanese delegation consisting of 20+ government officials, researchers and business leaders. The delegation is led by Mei-Hua Wang, Vice Minister of Economic Affairs... Read more »
September 11, 2017
Minesto’s CEO Dr Martin Edlund will participate at this year’s The Business Booster (TBB) arranged by InnoEnergy, joining a prominent list of speakers with delegates such as Prince Constantijn of the Netherlands and Maroš Šefčovič, Vice-president of the European Commission in charge of Energy Union... Read more »
September 08, 2017
Minesto's Board of Directors visits the test and demonstration facilities in Strangford Lough, Nortern Ireland, where Minesto conducts ocean testing of its unique tidal energy technology Deep Green.
This week, the Board of Directors of Minesto visited our test and demonstration facilities in Northern Ireland for their September board meeting. Together with Minesto’s management team, the Board spent two days in the Portaferry offices and on the test platform in Strangford Lough, studying... Read more »

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