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      Minesto doubles production capacity with successful installation of second foundation in the Faroe Islands


      News provided by

      Minesto AB

      Dec 22, 2022, 05:19 ET

      Share this article

      Share this article


      GOTHENBURG, Sweden, Dec. 22, 2022 /PRNewswire/ -- Leading ocean energy developer Minesto has successfully completed additional offshore infrastructure installation in Vestmannasund, Faroe Islands, to double electricity production from two Dragon 4 (100kW) tidal energy power plants in an array set-up.

      A second foundation, subsea cable and onshore interface have been successfully installed, and the subsea infrastructure is ready for a second kite installation and electricity production.

      The installations have been carried out with small vessels together with experienced partners to further reduce costs of installation and marine operations for large-scale build-out. The seasonal operating window for infrastructure installation has also been extended by conducting these operations in winter.

      "By doubling production capacity, we significantly increase the value of the Vestmanna site. We can show-case our technology to a greater extent as we generate more production data, optimize features in an array configuration, and of course, deliver more electricity to grid as committed to our utility partner SEV," says Dr Martin Edlund, CEO of Minesto. 

      For additional information, please contact

      Cecilia Sernhage, Communications Manager
      +46 735 23 71 58
      [email protected]

      The following files are available for download:

      https://mb.cision.com/Main/14621/3688960/1753915.pdf

      Press release

      https://news.cision.com/minesto-ab/i/small-vessels-carried-out-the-installation-work-minesto,c3129135

      Small vessels carried out the installation work_Minesto

      https://news.cision.com/minesto-ab/i/cable-installation-in-vestmanna-minesto,c3129136

      Cable installation in Vestmanna_Minesto

      https://news.cision.com/minesto-ab/i/foundation-loadout--holyhead--wales-minesto,c3129137

      Foundation loadout, Holyhead, Wales_Minesto

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      Minesto's tidal energy project recognised under EU STEP initiative supporting European industrial competitiveness

      Minesto, leading ocean energy developer, has received the European Commission's STEP Seal (Strategic Technologies for Europe Platform) for its...

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