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Renewable energies

Minesto AB

A tidal and ocean current power plant using the principle of a kite to reach a new level of cost competitiveness. The only proven technology that operates cost-efficiently in slow moving currents.

Relevant markets

Status

Starting Sales
Minesto AB

Commercialised by

Minesto AB

Västra Frölunda Göteborg

J A Wettergrens gata 14, 42130 Västra Frölunda, Sweden

Sustainable developement goals
SDG 07SDG 09SDG 13

Lightweight, scalable, modular power plants with proven cost efficiency

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The need

Traditional tidal energy technologies have high capital and operational costs due to heavy infrastructure, specialised vessels and complex installation processes, causing them to be uncompetitive when compared to other renewables.

The solution

Lightweight, scalable modular power plants that generate electricity from low-flow tidal streams and ocean currents. Minesto’s ‘Dragon Class’ product line works on a unique, patented principle: the subsea kite is designed to glide across the main flow direction, with electricity produced several times greater than that of a stationary turbine. It can be installed where no other known technology can operate cost efficiently, providing the energy mix with a 100% predictable baseload.

The value proposition

  • Unique tidal energy technology that ‘flies’ underwater.
  • Electricity produced several times greater than that of a stationary turbine.
  • Affordable to install, operate, and maintain.
  • Expands the global extractable potential of tidal and ocean currents.

Minesto reaches historic milestone – first electricity to grid with tidal powerplant Dragon 12

Interested? Contact us