Minesto-led consortium awarded 25 MSEK grant to build a tidal energy power plant for baseload electricity production to microgrids

Written by PR Newswire

GOTHENBURG, Sweden, June 27, 2025 /PRNewswire/ -- Minesto, leading ocean energy developer, is heading a consortium of four that has been awarded a total of 25 MSEK grant funding from Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. Minesto collaborates with microgrid technology provider Capture Energy, Faroese...

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