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Monday, December 2, 2013

Minesto wins international tidal energy award


[Gothenburg, Sweden, and London, UK, December 2, 2013.] Nordic marine energy technology leader Minesto has won the Industry Pioneer Award at the International Tidal Energy Summit in London. Minesto was awarded the prize for having proved that it is possible to harvest electricity from low velocity currents using the step-change Deep Green power plant.

 

Minesto won an Industry Pioneer Award for its marine power plant Deep Green, "the underwater kite". A quarter scale prototype of Deep Green is currently producing electricity in the waters off Strangford Lough, Northern Ireland. Deep Green is the only known marine power plant designed to produce electricity from low velocity tidal and ocean currents, and as such significantly expands the global marine energy potential.

 

Minesto received the award during the international conference on tidal energy, The International Tidal Energy Summit, which was held in London last week. Tidal Energy Awards were handed out in five categories, of which Minesto won the Industry Pioneer Award for "having created a pathway for other companies" in the tidal energy industry.  The award winners were selected by an impartial panel of industry experts.

 

"We are proud to receive this very prestigious international award," said Anders Jansson, CEO, Minesto. "It is rewarding to know that tidal energy industry experts think that Minesto deserves the title as 'industry pioneers'. It shows that the entire industry is interested in, and impressed by, the success we have had with Deep Green and the fact that we now produce electricity from low velocity currents."

 

For images of Deep Green visit http://minesto.com/cms-assets/documents/140259-222574.minesto-media-kit.zip

 

For additional information please contact:

 

Anders Jansson

CEO, Minesto

Phone: +46 31 760 21 02 or +46 707 57 57 62

Email: anders.jansson@minesto.com

 

Follow Minesto on Twitter: https://twitter.com/MinestoAB

 

About Minesto

 

Minesto is a marine energy technology company with a patented technology for cost efficient electricity production from tidal and ocean currents. Minesto's award winning product, Deep Green, is the only marine power plant that operates cost efficiently in areas with low velocity (slow) currents. Deep Green resembles an underwater kite with a wing and a turbine that is attached by a tether to a fixed point on the ocean bed, moving swiftly in an 8-shaped trajectory in the current.

 

Minesto was founded in 2007 and is based in Gothenburg, Sweden, and Northern Ireland, UK. The major shareholders in Minesto are BGA Invest, Midroc New Technology, Saab Group and Chalmers University of Technology. Anders Jansson is the company's CEO. Read more about Minesto at www.minesto.com

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