Minesto presents at global climate change meeting COP29 in Baku, Azerbaijan

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Minesto, leading ocean energy developer, is part of the official Swedish business delegation to United Nation climate change conference COP29, taking place in Baku, Azerbaijan. On “Energy Day” on 15 November, Minesto will host a session on the role and importance of innovation in tackling climate change. Mr Daniel Westlén, State Secretary to Swedish Minister for Climate and the Environment, will take part in the session.

On 15 November, Friday, at 11.00-11.40 UTC+4 (Baku local time) Minesto will host a programme session titled Towards the era of electricity – do we have enough tools in the toolbox? A discussion on the role and importance of innovation to tackle climate change,” in the Swedish pavilion at COP29.

Mr. Daniel Westlén, State Secretary to the Swedish Minister for Climate and the Environment Romina Pourmokhtari, will take part in the session.

Dr Martin Edlund, CEO of Minesto, and Isabella Gustafsson Ismodes, Research Programme Manager Industry at Swedish Energy Agency, will discuss how Swedish innovations such as the Minesto’s tidal Dragons can play an important part in the global energy transition:

Towards the era of electricity – do we have enough tools in the toolbox? A discussion on the role and importance of innovation to tackle climate change | Sweden at COP29

The Minesto session will be livestreamed at below link.

15 November, Friday at 11.00-11.40 UTC+4 (Baku local time).

Sweden at COP29

For additional information, please contact

Cecilia Sernhage, Chief Communications Officer
+46 735 23 71 58
ir@minesto.com

About Minesto

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

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

With more than €45 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, the Faroe Islands, Wales and Taiwan. The major shareholders in Minesto are BGA Invest and Corespring New Technology. The Minesto share (MINEST) is traded on Nasdaq First North Growth Market. Certified Adviser is G&W Fondkommission.

Read more about Minesto at www.minesto.com

Press images and other media material is available for download via minesto.com/media

Financial information including reports, prospectuses and company descriptions is available in Swedish at www.minesto.com/investor.

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