Minesto, together with its partner SEV, has been conducting installation work for its tidal energy project in Vestmannasund, Faroe Islands, but due to a technical issue occurring during cable laying the subsea cable installation that connects to the electric grid was not completed.

Since the issue is not related to Minesto’s DG100 tidal kite powerplant, the company expects to complete the infrastructure installation during upcoming periods of favourable tidal conditions.

“No matter how eager we are to get the kite system up and running with electricity production to grid as soon as possible, we respect the lead time required to safely complete the installation of project infrastructure.”
Dr Martin Edlund, CEO of Minesto.

Minesto is moving forward with the project, with already completed first offshore installation phase of the project, when the gravity-based foundation for the power plant was installed at the site.

In 2018, Minesto signed an agreement with SEV to install two DG100 units in Vestmannasund. The agreement also included a power purchase agreement through which SEV committed to purchase the electricity generated by the tidal energy converters.