Minesto publishes Year-End Report 2025
GOTHENBURG, Sweden, Feb. 26, 2026 /PRNewswire/ -- CEO Dr Martin Edlund: "A year of global brand and technology exposure and grid-connected electricity production with commercial-scale powerplant" Significant events October-December 2025 On 28...
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 accelerates market development in Taiwan through Swedish Energy Agency's Global Innovation Accelerator Programme
GOTHENBURG, Sweden, Jan. 30, 2026 /PRNewswire/ -- Minesto, leading ocean energy developer, has been awarded 24,000 EUR grant funding from the Swedish Energy Agency (SEA) through the Global Innovation Accelerator (GIA) programme, aiming to accelerate...
European Investment Bank (EIB) backs Minesto in developing an investment case for the EU's first Tidal Energy Dragon Farm
GOTHENBURG, Sweden, Jan. 27, 2026 /PRNewswire/ -- Minesto, leading ocean energy developer, has on a complementary basis been selected for in-depth investment advisory support by the European Investment Bank (EIB) under the PDA (Project Development...
Invitation to Minesto's webinar: Interim Management Statement Q3
GOTHENBURG, Sweden and VÄSTRA GÖTALAND, Sweden, Nov. 25, 2025 /PRNewswire/ -- On Thursday November 27, Minesto, leading ocean energy developer, will publish the Interim Management Statement 1 January - 30 September 2025. Dr Martin Edlund, CEO, will...
Minesto part of Swedish business delegation to Canada in connection with the royal couple's state visit
GOTHENBURG, Sweden, Nov. 19, 2025 /PRNewswire/ -- This week ocean energy technology developer Minesto is participating in a Swedish business delegation to Canada in connection with the royal couple's state visit. The delegation, led by the Swedish...
Minesto part of InnoEnergy's The Business Booster in Lisbon
GOTHENBURG, Sweden, Oct. 23, 2025 /PRNewswire/ -- Leading ocean energy developer Minesto is selected to be part of InnoEnergy's annual industry event The Business Booster, this year in Lisbon, Portugal 22-23 October 2025. InnoEnergy, initiated by...
Minesto part of Swedish high-level delegation to South Korea
GOTHENBURG, Sweden, Oct. 17, 2025 /PRNewswire/ -- This week, leading ocean energy technology developer Minesto was part of a high-level Swedish delegation to South Korea aiming to explore new partnerships and strengthen bilateral collaboration in...
Minesto raises SEK 22 million loan financing - securing continued flexibility in dynamic business context
GOTHENBURG, Sweden, June 18, 2025 /PRNewswire/ -- Minesto AB (publ) ("Minesto" or "the Company") has raised a loan financing of SEK 22 million, from Fenja Capital, intended to be used as working capital in the Company's ongoing operations and...
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:...