The Swedish Energy Agency grants funds to projects focusing on Minesto’s technology
Leading Swedish tidal energy developer Minesto, together with industry and academia partners, have been granted research funds totalling SEK 5.7 million by the Swedish Energy Agency.“The decision is a clear sign of confidence from the Swedish Energy Agency in Minesto’s ability to realise the Deep Green technology”, said Dr Heije Westberg, CTO of Minesto.Minesto’s patented technology Deep Green is the only proven marine power plant that can extract energy from low-velocity tidal and ocean currents in a cost-effective way. The concept has been developed over nearly a decade and for the last