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 October, Minesto announced the outcome of the company...
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. The Dragon 12 has proved robustness and stability...
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 Assistance) programme. The program offers extensi...
Minesto AB: Interim Management Statement 1 January - 30 September 2025
GOTHENBURG, Sweden and VÄSTRA GÖTALAND, Sweden, Nov. 27, 2025 /PRNewswire/ -- CEO Dr Martin Edlund:"Minesto moves forward with a funded and reinforced action plan for commercial breakthrough." Significant events July-September 2025 In July Minesto announced a reorganization over the last year wa...
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 present and share key updates from Minesto, follo...
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 toCanada in connection with the royal couple's state visit. The delegation, led by the Swedish Minister for Energy and Business and Minister for ...
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 inLisbon, Portugal 22-23 October 2025. InnoEnergy, initiated by the European Institute of Innovation and Technology...
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 toSouth Korea aiming to explore new partnerships and strengthen bilateral collaboration in the green transition. The delegation, led by HRH Cr...
VIDEO: Minesto CEO comments on the company's position as a leading ocean energy technology and its journey to build a new industry based on innovation
GOTHENBURG, Sweden, Oct. 15, 2025 /PRNewswire/ -- In connection with the demonstration of the Dragon 4 tidal power plant inGothenburg on 8 October 2025, Minesto's CEO DrMartin Edlund held a presentation together with CTO Bernt Erik Westre and Concept Group Manager Björn Bergqvist. Martin Edlund b...
Minesto tidal energy kites featured in Forbes and TV documentary on Arte
GOTHENBURG, Sweden, Oct. 6, 2025 /PRNewswire/ -- Minesto tidal energy kites and theFaroe Islands tidal opportunity feature in new Forbes online article and TV documentary on Arte. Minesto tidal energy kites feature in new Forbes online article Faroe Islands : 100 % Renewable Goal With Global Rel...
Minesto presents today at Aktiedagarna i Stockholm
GOTHENBURG, Sweden, Sept. 16, 2025 /PRNewswire/ -- Minesto's CEO Dr
Martin Edlund presents today at Aktiedagarna iStockholm by Aktiespararna, 16
September 2025
The event is livestreamed, and Minesto will be presenting at 15.10 CEST:
Aktiedagarna i Stockholm | Aktiespararna
Invitation to showcase of tidal energy kite 'Dragon 4' at Minesto workshop in Gothenburg, 8 October 2025
GOTHENBURG, Sweden, Sept. 12, 2025 /PRNewswire/ -- Minesto invites investors and the public with an interest in technology, energy systems and climate innovations to a unique opportunity to experience firsthand the tidal energy kite Dragon 4 'Íðunn' as she is brought home for a break from product...
Minesto kicks off microgrid project with partners and adds local end-user applications
GOTHENBURG, Sweden, Sept. 5, 2025 /PRNewswire/ -- Together with project partners Sev, Capture Energy and IVL, Minesto completed a planning and project set-up workshop for the 25 MSEK Microgrid Project awarded by Swedish Energy Agency. In parallel with the project, Minesto has added an integration...
Minesto publishes Half-Year Report 2025
GOTHENBURG, Sweden, Aug. 14, 2025 /PRNewswire/ -- CEO Dr Martin Edlund: "As the leading pioneer in Ocean Renewable Energy, Minesto moves on with more determination and positive spirit than ever to deliver renewable tidal energy to the world" Significant events April-June 2025 During second quar...
Invitation to Minesto's Webinar: Half-Year Report 2025
GOTHENBURG, Sweden, Aug. 11, 2025 /PRNewswire/ -- On Thursday August 14, Minesto, leading ocean energy developer, will publish their Half-Year Report 1 January -30 June 2025. Dr Martin Edlund, CEO, will present and share key updates from Minesto, followed by a Q&A session. The webinar will take ...
Minesto-led consortium awarded 25 MSEK grant to build a tidal energy power plant for baseload electricity production to microgrids
GOTHENBURG, Sweden, June 27, 2025 /PRNewswire/ -- Minesto, leading ocean energy developer, is heading a consortium of four that has been awarded a total of 25 MSEK grant funding from Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. Minesto collaborates with m...
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 business development to clarify immediate market oppor...
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: the longer tether enables a 25% increase of power ...
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 upgrade period most prominently including a longer ...
Minesto joins World Expo 2025 in Osaka, Japan as part of the Swedish official delegation
GOTHENBURG, Sweden, May 14, 2025 /PRNewswire/ -- Minesto, leading technology developer in ocean energy, joins the World Expo 2025 in Osaka, Japan, as part of the Swedish official delegation and partner to the Nordic Pavilion. Today 14 May, Sweden celebrated its national day at World Expo, the del...
