Martin Edlund News

Minesto's Dragon 12 tidal energy device (Credit: Minesto/Screenshot)

Minesto Generates First Power with 1.2MW Tidal Energy Kite

by the tidal flow.“This is a big day for Minesto. We have reached the most significant milestone in the history of the company by producing electricity to the grid with our mega-watt scale powerplant. We are both proud and happy and more than ever look forward to the journey ahead,” said Martin Edlund, CEO of Minesto.Dragon 12 is a 10-times scale-up from the existing 100 kW Dragon 4, designed for buildout of large-scale commercial tidal energy farms

Minesto's Dragon 4 device (Credit: Minesto)

Minesto Reels In $260K Government Grant for Tidal Energy Moorings

partners, in coordination by RISE Research Institutes of Sweden:“We are very pleased that the Swedish Energy Agency continues its support for Minesto. This investment strengthens our technology-base in a core competitive area in collaboration with key partners and suppliers”, said Dr Martin Edlund, CEO of Minesto.Minesto is making final preparations for the deployment of its utility-scale tidal energy kite, dubbed the Dragon 12, offshore Faroe Islands.The device, rated at 1.2MW, will be deployed at the Vestmannasund site, which has been prepared with the necessary subsea electrical infrastructu

Minesto's Dragon 12 tidal energy device (Credit: Minesto)

Minesto’s Utility-Scale Tidal Energy Kite About to Take Off

in a statement.”A complete run-through of the launch and recovery of the Dragon 12 powerplant over the last 24 hours has successfully verified the core marine operations of our kite-based power plants. This is a truly unique procedure at the core of our competitive LCOE-levels”, added Martin Edlund, Minesto’s CEO.The commissioning of the Dragon 12 continues at the site, which is expected to culminate in the production of the electricity. The operation of the smaller Dragon 4 tidal energy device will continue in parallel, Minesto said

©Minesto

Minesto's Dragon 12 Project Powers Forward with Cable Installation Completion

was completed in a 22-hour operation. “This cable is the highest valuable component of the infrastructure, and it’s a major milestone to have it safely installed. The installation and operation were completed according to plan thanks to our team and suppliers”, said Dr Martin Edlund, CEO of Minesto. A standard offshore supply vessel was adapted by Minesto’s subcontractor Inyanga for the cable laying to provide a cost-efficient vessel solution for the marine operations. The cable was manufactured by JDR in the UK and loaded onto the installation vessel in

©Minesto

Tidal Energy Firm Minesto Tapped for Site Development Services in Asia

from existing sites in Wales, U.K., and the  Faroe Islands. "Given the unique production site characteristics of our technology, it is vital that we now offer these services to third-party project developers, in addition to our own ongoing site development activities,” says Dr Martin Edlund, CEO of Minesto. Site development is the initial step for the offshore energy sector to enter the ocean renewable value chain. Offshore operators also bring complementary strengths to Minesto with their established marine operations and experience in large energy infrastructure projects, Minesto

©Minesto

Tidal Energy: Minesto Doubling Electricity Production Capacity of its Faroe Islands Site

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," Minesto said.Martin Edlund, CEO of Minesto: "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

Credit: Minesto

Minesto's Second Sea Kite Online in Faroes

vital experience of cost-efficient onshore and offshore operations. In Vestmanna, we have created a flexible setup, where a small team can assemble and launch the kite in a few hours, practically in all tidal conditions. This operating methodology can be transferred to any location,” says Dr. Martin Edlund, CEO of Minesto.“At first glance, the two “Dragon 4” kites look identical, though a few upgrades have been implemented as part of the product development process. It’s only three months between the installation of these two units, and it is satisfying to note that this

Screenshot - Minesto

Minesto Deploys Dragon Class Tidal Kite in Faroe Islands

been executed as planned," Minesto said Wednesday.“We are very pleased to announce that the first week of commissioning of Dragon 4 has been successfully completed. Every aspect of the project has been fulfilled according to plan and electricity has been successfully generated,” said Martin Edlund, CEO of Minesto.“We started electricity production the same day we launched the Dragon 4, after having completed all necessary pre-flight function verification on the first tide after installation. The Dragon 4 has a lot to offer, and we are now moving into a phase where we will fine-tune

Credit: Minesto

Proposed Tidal Energy Array Could Supply 40% of Faroe Islands' Electricity Consumption

Faroese community, all key aspects of full integration of Minesto’s tidal technology into the islands´ energy system have been covered. This includes environmental permitting, legislation for sea-bed access, local partnerships regarding port-access, manufacturing, and funding,” said Martin Edlund, CEO of Minesto.Minesto Says Dragon Class Tidal Energy Kite Can Produce 3.5 GWh of Electricity Per YearDuring 2022, the first step is to expand the existing grid-connected site in Vestmannasund, establishing a mini array with three systems at a total installed capacity of 1.4 MW. The second step

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