Under the MoU, Minesto AB will collaborate with the United Nations Office for Project Services (UNOPS) and the Antigua and Barbuda Science and Innovation Park on a feasibility study of the use of Minesto's Deep Green technology to provide energy in the Caribbean.
In January 2019, UNOPS opened its first science and innovation center in Antigua and Barbuda to support national and regional innovation in the fields of science and technology.
(Source: Minesto, Daily Observer, 4 March., 2019) Contact: Minesto, Dr. Martin Edlund, CEO, +46 31 29 00 60, www.minesto.com; UNOPS, www.unops.org
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SEV will provide the infrastructure for the grid-connected project, and purchase the output of the two subsea kite devices under long term PPA. Installation of both devices is to be completed in 2020.
The project will be funded through a mix of equity and resources from Minesto and SEV, plus public funding grants.
The Faroe Islands
are planning a transition to 100 pct renewable power by 2030. (Source: Minesto AB,PR, Renewables Now, 12 Nov., 2018)
Contact: Minesto AB, David Collier, CEO, +46 31 29 00 60, www.minesto.com
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According to the company, it will mow proceed with the commissioning programme to achieve flying full subsea trajectories and verify the power take-off system and electricity generation.
Minesto is a marine energy is a spin-off from Swedish aerospace manufacturer Saab.
The company has operations in Sweden, Wales and Northern Ireland. (Source: Minesto Website, 14 Aug.2018)
Contact: Minesto AB, David Collier, CEO, +46 31 29 00 60 https://minesto.com
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