Minesto has signed a two-year extension of its Power Purchase Agreement (PPA) with the electric utility company SEV for Minesto’s tidal energy site in Vestmannasund, Faroe Islands.
The prospect of generating clean energy from waves moved a step closer as Mocean Energy commenced testing of their Blue X wave energy prototype at EMEC in Orkney.
Leading marine energy developer Minesto and Schneider Electric have entered a Memorandum of Understanding to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.
