Overview
Headquarters
European Union (EU) , Nordic Countries , Scandinavia
Category
Expanding the ocean energy potential
Minesto is a world-leading marine energy technology developer with the mission to minimize the global carbon footprint of the energy industry by enabling commercial clean energy production from tidal streams and ocean currents. Minesto’s award-winning and patented product, the subsea kite technology called Deep Green, is applicable in areas where no other known technology can operate cost effectively. The company was founded in 2007 as a spin-off from aircraft manufacturer Saab. Today, listed on the Nasdaq First North stock exchange with more than 50 employees and operations in Sweden, Wales, Northern Ireland and Taiwan, Minesto is a driving force in the creation of an emerging renewable energy industry. Join us on our ground-breaking journey to build a more sustainable tomorrow! Minesto AB generates electricity from low velocity tidal currents. The Company operates and develops power plants for electricity production from tidal and ocean currents. Minesto conducts business throughout Europe. Minesto develops a revolutionary concept for producing electricity from the ocean.