Minesto completes DG500 test site infrastructure installations

Minesto’s has completed the test site infrastructure installations at the Holyhead Deep site off North Wales. After installing the upgraded infrastructure, the site is ready for installation and commissioning of Minesto’s DG500 kite system.

After a period of maintenance and upgrade, the microgrid system (MGS) buoy was lifted back into the sea from the quayside in Holyhead, towed to site and successfully reconnected to its pre-laid moorings. The MGS buoy, used for the first installation in Wales, handles and analyses generated electricity while also providing data communications with Minesto’s marine energy converter DG500. 

Unstable weather all over the UK then interrupted some of the marine operations that was planned for the weekend. When operations were resumed, the subsea umbilical connecting the DG500 kite system with the MGS buoy could be installed. During the last few months the umbilical has been modified to incorporate a dry-mate connector in order to make it much easier to connect and disconnect the DG500 kite system offshore.

The last phase of the planned works is the installation and commissioning of the upgraded DG500 kite system. All the onshore commissioning tests have been successfully completed and the kite system is ready for load out and installation. This will be carried out in the next suitable weather window and as soon as practicable after some testing of the offshore infrastructure.

David Collier, the chief operations officer, on board the installation vessel, stated; “I am very pleased with the good progress made to date by our installation team, in spite of the changeable weather. After all of the hard work our teams have put in over the winter months in upgrading and preparing the systems, I am really looking forward to continue testing of the DG500 kite system.”

For additional information please contact

Magnus Matsson
Communications Manager, Minesto AB
+46 31 774 14 89
press@minesto.com

About Minesto

Minesto is a marine energy technology company with the mission to minimise the global carbon footprint of the energy industry by enabling commercial power production from the ocean.

Minesto’s award winning and patented product, Deep Green, is the only verified marine power plant that operates cost efficiently in areas with low-flow tidal streams and ocean currents.

With more than €40 million of awarded funding from the European Regional Development Fund through the Welsh European Funding Office, European Innovation Council and InnoEnergy, Minesto is the European Union’s largest investment in marine energy to date.

Minesto was founded in 2007 and has operations in Sweden, Wales, Northern Ireland and Taiwan. The major shareholders in Minesto are BGA Invest and Midroc New Technology. The Minesto share (MINEST) is traded on the Nasdaq First North Stockholm stock exchange. Certified Adviser is G&W Fondkommission, email: ca@gwkapital.se, telephone: +46 8 503 000 50.

Read more about Minesto at www.minesto.com

Press images and other media material is available for download via bit.ly/Minesto_media.

About Us

Minesto is a leading marine energy technology company with the mission to minimise the global carbon footprint of the energy industry by enabling commercial power production from the ocean. Minesto’s award winning and patented product, Deep Green, is the only verified marine power plant that operates cost efficiently in areas with low-flow tidal streams and ocean currents. With more than €40 million of awarded funding from the European Regional Development Fund through the Welsh European Funding Office, European Innovation Council and InnoEnergy, Minesto is the European Union’s largest investment in marine energy to date. Minesto was founded in 2007 and has operations in Sweden, Wales, Northern Ireland and Taiwan. The major shareholders in Minesto are BGA Invest and Midroc New Technology. The Minesto share (MINEST) is traded on the Nasdaq First North Stockholm stock exchange. Certified Adviser is G&W Fondkommission, email: ca@gwkapital.se, telephone: +46 8 503 000 50.

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