Minesto News Update 15 September 2017

  • Minesto strengthens its commercial position with management team appointments
  • Martin Edlund joins prominent speaker list at TBB 2017
  • Minesto to attend 33rd Sweden–Taiwan JBC Meeting
  • InnoEnergy visits Holyhead site

Minesto strengthens its commercial position with management team appointments   

Minesto has hired David Collier, with 30 years of experience in offshore energy, as new COO. At the same time, Bernt Erik Westre has been appointed as new CTO to replace leaving Heije Westberg.

“With these changes, we strengthen our commercial position and put a sharper focus on customer-driven product development in Minesto”, said Bengt Adolfsson, Chairman of Minesto.

Read the full press release here.

Martin Edlund joins prominent speaker list at TBB 2017

Minesto’s CEO Dr Martin Edlund will participate at this year’s The Business Booster held in Amsterdam in October, joining a prominent list of speakers with delegates such as Prince Constantijn of the Netherlands and Maroš Šefčovič, Vice-president of the European Commission in charge of Energy Union. Read more here.

Minesto to attend 33rd Sweden–Taiwan JBC Meeting

Minesto’s CEO Dr Martin Edlund will attend the 33rd Sweden-Taiwan Joint Business Council (JBC) Meeting which is visited by a Taiwanese delegation consisting of 20+ government officials, researchers and business leaders.

“Taiwan is a key market to Minesto in the commercial roll-out of the Deep Green technology. It is a market where our unique product could exploit both tidal streams and, more importantly, continuous ocean currents, to supply Taiwanese homes and businesses with renewable base load power. We are looking forward to strengthen our relations with key players in Taiwan to make this happen”, said Martin Edlund. Read more here.

InnoEnergy visits Holyhead site

This week, representatives of our funding partners InnoEnergy made a site visit to Holyhead.

Read more and see some pictures from the visit at our Instagram account.

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Contact us

Magnus Matsson
Communications Manager, Minesto

+46-70 570 75 08



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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