News & Media

Minesto News Update 6 September 2019

September 06, 2019
News
· Minesto strengthens relationship with Faroese Utility SEV with Board visit · Faroese national radio reports on Minesto’s customer project · Vacancy: Mechanical Design Engineer (Gothenburg) · Minesto speakers at Welsh energy policy forum · Infographic: Tidal energy by Minesto in the Faroe IslandsRead more »
Minesto strengthens relationship with Faroese Utility SEV with Board visit This week Minesto’s Board of Directors and senior management visited the Faroe Islands where they engaged in strategy discussions and meetings with key stakeholders. “We have had a very productive time in the Faroe Islands... Read more »

Vacancy: Mechanical Design Engineer (Gothenburg)

September 05, 2019
Members of the Minesto team works with the company's marine energy converter DG500 offshore Wales. Photo: Minesto
News
We are looking for an experienced Mechanical Design Engineer to join our Design Group in Gothenburg. The work includes all product development phases from conceptual design to detailed design and supplier selection. Read more about the role and how to apply here .Read more »

Minesto's management shifts to new incentive plans

August 26, 2019
Press releases
Minesto's senior executives in Sweden have acquired a total of 280,000 warrants within the framework of the employee stock option plan PO4 decided by the AGM. At the same time, a transfer of outgoing warrants of series PO3 has been carried out in a separate transaction between Minesto’s CEO...Read more »
PO4 is one of three employee stock option plans approved by Minesto's Annual General Meeting in 2019. Minesto's senior executives Martin Edlund (CEO), Fredrik Ahlström and Bernt Erik Westre have acquired 120,000, 80,000 and 80,000 warrants respectively (a total of 280,000) of series PO4 at a price... Read more »

Video: DG500 Operations Update

August 22, 2019
Presentations
Media
CEO Dr Martin Edlund gives an update on Minesto’s ongoing offshore operations and testing of its DG500 kite system off North Wales.Read more »

Half-Year Report 2019

August 22, 2019
News
Minesto AB has today published its Half-Year Report 2019. The report is available in Swedish on the investor relations section of the website.Read more »

Minesto resumes DG500 kite system operations

August 15, 2019
Minesto's marine energy converter DG500 launched in Holyhead, before being towed to the Holyhead Deep site. Photo: Warren Cardwell
Press releases
Leading marine energy developer Minesto has resumed testing of its commercial-scale DG500 kite system at the company’s Holyhead Deep site off North Wales.Read more »
“We are very pleased to be back in the water with the DG500 kite system, and we are looking forward to the continued testing operations. The team has made a great effort in upgrading the systems over winter and has executed the installation activities in an efficient and safe manner” , said Minesto... Read more »

Minesto completes DG500 test site infrastructure installations

August 13, 2019
The MGS buoy after completed installation in the Holyhead Deep. Photo: David Collier.
News
Minesto’s has completed the test site infrastructure installations at the Holyhead Deep site off North Wales. After installing the upgraded infrastructure, the site is ready for installation and commissioning of Minesto’s DG500 kite system.Read more »
After a period of maintenance and upgrade, the microgrid system (MGS) buoy was lifted back into the sea from the quayside in Holyhead, towed to site and successfully reconnected to its pre-laid moorings. The MGS buoy, used for the first installation in Wales, handles and analyses generated... Read more »

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