Project Update on Minesto Dragons in the Faroe Islands: Microgrid-scale powerplant Dragon 4 in electricity production
GOTHENBURG, Sweden, March 18, 2026 /PRNewswire/ -- Minesto's microgrid scale powerplant Dragon 4 (100kW) is installed and produces electricity to the Faroese grid, generating valuable data for the upcoming microgrid installation partly funded by the...
Project Update on Minesto Dragons and Infrastructure in Vestmanna, Faroe Islands
GOTHENBURG, Sweden, Feb. 26, 2026 /PRNewswire/ -- Minesto's Dragon testing in Vestmanna continues. The Dragon 12 powerplant has been installed (grid-connected) for 9 months since May 2025 and has provided valuable production and operational data....
Minesto's tidal power plant Dragon 12 in operation reaching key production performance milestone
GOTHENBURG, Sweden, June 12, 2025 /PRNewswire/ -- Minesto, leading ocean energy developer, today announces that its Dragon 12 tidal energy system (Luna), installed in Vestmannasund, Faroe Islands, has met a major production performance milestone:...
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
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
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...