Minesto has reached the milestone of delivering electricity to the Faroese grid facilitated by the Power Purchase Agreement with the utility company SEV, as a part of the ongoing commissioning work of its DG100 tidal kite system Vestmannasund, Faroe Islands.
Following the installation of project infrastructure, including the foundation, export cable and onshore control station, Minesto installed and started commissioning activities of its 100kW DG100 tidal kite system in October.
“This is a historic moment and a massive step forward for Minesto and the development of our unique product. We are particularly satisfied with the production performance level of the system. We are now looking forward to our continued operations in Vestmannasund and working with SEV on future development plans.”
Martin Edlund, CEO of Minesto.
The DG100 system consists of the kite, tether, and the bottom joint. The bottom joint provides a pivoting connection point with the foundation, allowing the kite to fly freely in its optimized figure-of-eight trajectory.
The DG100 commissioning progress means that Minesto now has initiated the process of generating renewable electricity from the tidal flows in Vestmannasund, using the Deep Green technology’s unique principle of enhancing the speed of the kite through the water to power homes connected to the Faroese grid.
“This is a valuable step towards establishing Minesto’s technology in the renewable energy business on par with more proven technologies such as offshore wind energy. We now enter a phase where we move from single installations to array configurations, following the path of wind energy commercialisation. The operational progress and funding set-ups achieved to date give us a strong position to drive Minesto’s commercial development forward.”
Jonas Millqvist, chairman of the Board of Minesto.
“We are very pleased that the project has reached the point where the Minesto DG100 delivers electricity to the Faroese grid. Although this is still on trial basis, we are confident that tidal energy will play a significant part in the Faroese sustainable electricity generation. Unlike other sustainable sources, tidal energy is predictable, which makes it more stable than e.g. wind power.”
Hákun Djurhuus, CEO of SEV.
