Project Update Vestmanna: Commercial Scale Powerplant: Dragon 12 grid connected, producing electricity

Project Update Vestmanna: Commercial Scale Powerplant: Dragon 12 grid connected, producing electricity

GOTHENBURG, Sweden, May 20, 2025 /PRNewswire/ -- Minesto, leading ocean energy developer, continues operation and testing activities in Vestmanna, Faroe Islands. The Dragon 12-megawatt tidal kite 'Luna' is in electricity production, following an...

Minesto publishes Year-End Report 2024

Minesto publishes Year-End Report 2024

GOTHENBURG, Sweden, Feb. 27, 2025 /PRNewswire/ -- CEO Dr. Martin Edlund: "Minesto has now demonstrated competitive renewable energy production from an untapped natural resource based on a truly novel and proprietary innovation." Significant events...

Minesto completes Hestfjord Dragon Farm specification based on Dragon 12 achievements

Minesto completes Hestfjord Dragon Farm specification based on Dragon 12 achievements

GOTHENBURG, Sweden, Dec. 10, 2024 /PRNewswire/ -- After successful commissioning and four months of grid connected operation with Dragon 12, this autumn Minesto has focused on evaluation of powerplant performance, analysis of critical technical...

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