Minesto’s Deep Green technology – Unlocking renewable baseload power

A balanced renewable energy mix is crucial in advancing the global transition towards a sustainable future energy system. Tidal streams and ocean currents are reliable and inexhaustible, and available all over the globe. To exploit this immense resource, we developed our Deep Green technology. Light-weight, modular and scalable, it unlocks a predictable renewable energy source inaccessible to other technologies. In the Faroe Islands, Minesto is part of one of the world’s most ambitious energy transition schemes. First step is the installation of two microgrid systems, paving the way for tidal energy to become a core part of the Faroese energy mix, allowing them to reach 100% renewable energy by 2030. The Deep Green technology fills the renewable energy gap, using one of the planet’s most predictable resources – powering societies with reliable, renewable electricity. This project is part funded by the European Union’s Horizon 2020 research and innovation programme under grant agreement No 872404; and partly by the Swedish Energy Agency, under the programme Marine Energy Conversion – Stage 2.