Renewable Energy News in Faroe Islands

First-of-a-Kind Tidal Dragon Farm in the Faroe Islands Moves Forward
10/14/2024 - In the North Atlantic, leading ocean energy developer Minesto is moving forward with the pioneering build-out of a tidal energy site. The Hestfjord Dragon Farm is a first-of-a-kind tidal energy array ...
Minesto and Sev Renew and Update PPA
6/10/2024 - Leading ocean energy developer Minesto and pioneering Faroese utility company Sev have jointly renewed and updated the power purchase agreement (PPA). The price-level is adjusted to denote the total s...
Minesto Evolves Its Faroese Business Case, Upgrading to a 200 Mw Tidal Energy Buildout
2/21/2024 - Minesto, leading ocean energy developer, has upgraded the roadmap to a 200 MW tidal energy buildout in the Faroe Islands. The scaled-up roadmap is a response to the growing demands for renewable energ...
Minesto & SEV Strengthen Partnership for Tidal Energy Build-out in the Faroe Islands
1/23/2023 - Minesto, leading ocean energy developer, and SEV, Faroese utility company, have renewed and expanded the collaboration agreement outlining respective roles and responsibilities related to tidal energy...
Minesto’s Tidal Array Buildout Progressing on Schedule
10/5/2022 - Minesto, leading marine energy developer, announces that the site development of the world’s first tidal energy kite array in Hestfjord, Faroe Islands, is efficiently progressing according to plan. Th...
Successful Launch of First Dragon Class Tidal Powerplant
5/25/2022 - Minesto, leading marine energy developer, has now successfully completed the first week of commissioning including satisfactory electricity production and verification of all core functionality with t...

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