Minesto tidal energy kites featured on BBC News

Swedish technology developer Minesto continues to attract global recognition for their unique tidal energy kites, generating electricity from tidal streams and ocean currents. The underwater kites and demonstration site in the Faroe Islands were recently featured on BBC News.

The BBC news coverage is available at:

The underwater 'kites' generating electricity as they move | BBC News (youtube.com)

Press contact

Cecilia Sernhage, Chief Communications Officer
+46 735 23 71 58
press@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.