News & Media

March 04, 2021
Leading marine energy developer Minesto continuous the operations programme with the DG100 tidal energy powerplant in Vestmannasund, Faroe Islands. This includes verification of electricity production together with the utility customer SEV and third-party certifier DNV. Personnel, hardware, and...Read more »
“We are pleased to be back in action in the Faroes and look forward to push forward providing tidal energy to the Faroese electric grid from the site in Vestmannasund”, said Dr Martin Edlund, CEO of Minesto. “Scaling up and commercialising the technology is the obvious business focus for Minesto... Read more »
February 09, 2021
On February 9, Minesto participated in Aktiespararna's investor event with the theme of renewable energy, where CEO Martin Edlund presented Minesto and the company's technology, projects and focus going forward.Read more »
January 31, 2021
Minesto's CEO Dr Martin Edlund is interviewed for Pareto TV in conjunction with Pareto Securities’ Power & Renewable Energy Conference in January 2021.Read more »
December 03, 2020
Minesto participated in Västra Hamnen Corporate Finance's Investor Day on 2 December, where CEO Dr Martin Edlund presented the company and the recent achievements in Minesto's project in the Faroe Islands.Read more »
December 02, 2020
As a part of the ongoing commissioning work of its DG100 tidal kite system in Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delivering electricity to the Faroese grid facilitated by the Power Purchase Agreement with the utility company SEV.Read more »
December 01, 2020
As a part of the ongoing commissioning work of its DG100 tidal kite system Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delivering electricity to the Faroese grid facilitated by the Power Purchase Agreement with the utility company SEV.Read more »
“This is a historic moment and a massive step forward for Minesto and the development of our unique product. We are particularly satisfied with the production performance level of the system”, said Dr Martin Edlund, CEO of Minesto. “We are now looking forward to our continued operations in... Read more »
November 09, 2020
Minesto has been featured in Dutch Marine Energy Centre's (DMEC) video for promoting marine energy to policymakers, investors, market players and general public. You will learn about marine energy's role in energy transition, marine energy 'markets' and more in this educational video.Read more »
October 30, 2020
Minesto is making progress at the company’s tidal energy site in Vestmannasund, Faroe Islands, in commissioning the DG100 kite system. To date Minesto has successfully verified the key kite system functions as well as conducted safe and efficient installation and recovery procedures.Read more »
“We are currently stepping through our commissioning plan which concludes with continuous power production to the Faroese grid. So far, we have verified the main functions of the DG100 system: kite launch and recovery procedures, kite flight control, start and stop commands, slack water turns, and... Read more »

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