Minesto News Update 25 January 2019

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  • New innovation extends Minesto’s generic IP protection and further expands its market opportunities
  • Minesto delivers keynote at Maritime Day 2019
  • Minesto’s main owners exercise all of their subscription warrants
  • Daily Post: The North Wales tidal potential that could plug some of the power gap left by Wylfa Newydd freeze
  • UK Secretary of State voices support for marine energy
  • Video: CEO interview in Swedish


New innovation extends Minesto’s generic IP protection and further expands its market opportunities

Minesto has filed a patent application with the aim of further extending the generic patent protection of the unique Deep Green energy technology. “The innovation creates significant commercial value to Minesto as it expands the number of potential development sites and at the same time reduces operating costs and hence the levelised cost of energy of the system”, said Dr Martin Edlund, CEO of Minesto.

Read more here.

Minesto delivers keynote at Maritime Day 2019

This week Maritime Day 2019 was held on the West coast of Sweden. The event was arranged by the Maritime Cluster of West Sweden with this year’s theme being “Sustainable Blue Growth”.

Minesto’s CEO Martin Edlund delivered one of the keynotes alongside Mattias Goldmann, CEO of the think tank Fores and Linnea Engström, member of the European Parliament. The keynotes and following panel debate focused on solutions the ocean presents for developing a sustainable blue economy and global development.

Minesto’s main owners exercise all of their subscription warrants

Minesto's largest shareholders BGA Invest and Midroc New Technology has underlined their long-term commitment in Minesto by exercising all of their warrants held in Minesto AB. The subscription period for Minesto's TO 2 warrants runs until 8thof February 2019.

Read more here.

Daily Post: The North Wales tidal potential that could plug some of the power gap left by Wylfa Newydd freeze

Daily Post highlights the important role the Welsh tidal energy sector and developers like Minesto can play in bringing a sustainable, diversified energy future to Wales.

Read the article here.

UK Secretary of State voices support for marine energy

During a sitting in the House of Common’s last week, Secretary of State for Business, Energy and Industrial Strategy Greg Clark spoke of the opportunity for marine energy in North Wales and expressed support from the UK Government for the development of the marine energy sector.

Read more here.

Video: CEO interview in Swedish

Last week Minesto published an interview in Swedish with CEO Martin Edlund, where he discusses Minesto’s role in the global energy transition and the competitiveness of the company’s unique ocean energy technology.

Watch the interview here.


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Magnus Matsson
Communications Manager, Minesto

+46 31 774 1489
press@minesto.com

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